Reliance Leads

I wrote 2 days back ,that a brak out of head & shoulder pattern in hourly charts,will help markets rally pre-budget,,on friday the expected pattern completed and so,today was the

day for reliance,,although in last hour markets could not hold the gains,,but reliance closed

with lot of strenth.

for sensex i think that around 15000 are the logical targets atleast for this rally,,but as i have shown in the chart for sensex,two steep rising trendlines should hold,in the short term.,till these 2 trendlines held,,the current rally should continue atleast till budget day.

REMEMBER ,these 2 trendlines are important for the current rally only,,and i am not talking abt those trendlines which were shown earlier.