RELIANCE INDUSTRIES
LOOKING WEAK, STRONG SUPPORT AT 1235
Reliance looking very weak on charts and strong support is at 1235. And1215 is the DMA support. So if it holds 1235 then it'll keep movingwithin the price band of 1315 and 1235 anything below 1235 is very weakand put your stop loss at that level for your long positions. Andlooking into leading indicator all are very sluggish especially fromCCI and RSI.
LOOKING WEAK, STRONG SUPPORT AT 1235
Reliance looking very weak on charts and strong support is at 1235. And1215 is the DMA support. So if it holds 1235 then it'll keep movingwithin the price band of 1315 and 1235 anything below 1235 is very weakand put your stop loss at that level for your long positions. Andlooking into leading indicator all are very sluggish especially fromCCI and RSI.
posted by Naveen Pantera at 10:04 PM
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