Technical Analysis of Indian Equities by Nooresh

Reliance Inds – Re-test of Breakout

Reliance Dip Buy

 

Reliance Industries.

 

- > The stock gave a good jump on the result hitting 950 levels an confirming a breakout.

- > Now the stock is re-testing the breakout levels of 870.

- > A good trade now would be to buy on dips with stoploss of 840 for an upside to 920-950 in short term.

 

 

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Nooresh Merani

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Article by Nooresh Merani

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