RELIANCE INDUSTRIES LTD
Short
Updated

RELIANCE--Gap down ??

543
Observations:
-------->>the stock is trending upwards.
-------->> We have observed that the price is broken trendline, and retested the supply zone.
--------->> Previously a strong fall is observed from the zone 2490. if price falls below 2450 levels sell on retracement for the target2420 levels.

Keep an eye on these levels.

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Note
Reliance is taking the support from 2420 level, keep track this level for further
upside movement.
snapshot

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