Reliance Capital has become one of the best stocks today after its Q4 results. It has posted 2 continuous quarters of above 200% growth in its earnings, which has enabled the stock to rank at 92%, which means that this stocks is 92% ahead of other stocks listed in our tracking Index. On the technical side this stock took a beating since March this year, has formed a good bullish divergence on the daily charts. It is about to give a trend reversal long trade on further strength in price. The current price relative strength rank of the stock is at 25.32, which is not good, but a good earnings growth gives an added advantage for the stock to be a out performer in the markets during the next rally.
Add this stock to your watch list to trade on the daily charts for a high probability trend following long trade.
Team BraViSa.
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