Reliance Industries chart is a heavyweight and showing a sell signal. It is possible that this upmove will be held till expiry and then the price will move lower.
January 2014 can be bearish for the markets. Click the chart for full size view.
- Nifty expiry 26-Dec-2013 (rbroy01.wordpress.com)
- CMDA seals building owned by Reliance Industries (dnaindia.com)
- Reliance Industries, Bharti sign telecom infrastructure deal (firstpost.com)
- Reliance Industries shares gain after govt allows gas price hikes (news.in.msn.com)