CHART - II
- As we discussed below reliance has achieved 993. Now if the stock continues to trade above 993 first target would be 1007 above that it can target 1030
CHART - I
- Reliance industries is trading at an important level at 958.
- Stock is also trading near its 20 DMA.
- Trading above 958 and 20 DMA stock can target 993. But the stock is finding it tough to move away from its 20 DMA.
- Smaller time frames are showing a range of 951 - 969. A good close above or below this range can give good direction for the short term.
No comments:
Post a Comment