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Monday, 20 March 2017

Reliance Industries

Reliance Industry is very near to a strong resistance zone of 1328-1341. A close above 1345 will take this counter towards new highs else this stock is ready for correction.

Reliance Industries is a buy above  1345with SL @ 1339 on closing basis. Targets for the upside are 1369, 1388, 1395, 1407, 1445.
And,
Reliance Industries is a sell @ 1328-1340 with a SL @ 1345. Targets for the downside are 1295, 1260 And a close below 1258 will take counter more downside towards  1210, 1194, 1162, 1128.

Reliance Industries





** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict Sl. Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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