RELIANCE INDUSTRIES

From the above chart of Reliance Industries we ca clearly see that the stock is oversold and it is in the range from which it has bounced previously also.So i would advise to buy Reliance Industries November Futures @ 761-763 with a target of 775-780.

Dow Jones Industrial Average

From Dow Jones daily chart we can see Bullish engulfing cum hammer like situation with increase in volumes and RSI of 28.39 and range (12500-12600) from which Dow jones index has bounced 3 times previously.Now is the time for short sellers to book their profits as now i see the markets in the hands of the bulls.My target for Dow Jones would be 12900-13100-13300.