Reliance Share Falling Even after Jio News?

For the people who were looking for the good bet today in reliance as their AGM was today aand big annoucnement of JIO was about to happen all are bidding that shared would top-up but eventually it has fallen.

This is where technical come in – according to Intraday chart there was a big sell on the chart for reliance and it was long due so despite of the strong unexpected news and offers from Reliance AGM the share still tumble.

So, that is the reason it is always advised to learn the chart and technical study in order to gain from share market. Though the person analysing the things on a particular company has to analyse and rate that what weights more – If technicals weigh more than the news factor then obviously technicals will rule and it is true for vice-verse.