Reliance Industries Limited

Reliance closed above 23.60% Fibonacci retrenchment level

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We can say, the reliance has sustain the movement which it received yesterday. "When reliance runs, it make sure nifty will run too"
It is closed above 23.60% retrenchment level and has got historical support as well, mark with green trend line.
next resistance will be at 1155-1168 level.
make short purchase at CMP, if market dynamic changes, it goes dip again buy it.
"sooner or later it will go up"

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