Update on Dragonfly Doji in Relcap - 17th Jul 09

Above is the daily chart of Reliance Capital. It rocked again yesterday being 7% up, outperforming Nifty again. This was about 13% upmove from the entry signal . It was top fifth gainers in Nifty-50 yesterday. There is still a good possibility of further up move going by the price pattern, but moderate volume pattern is little discouraging. Yesterday, I closed 50% of my holdings, and moved stoploss to 790 levels.