August 6, 2010

RELIANCE INDUSTRIES Support Line

RELIANCE INDUSTRIES WEEKLY CHART
  • Reliance Industries is trading close to an important support line.
  • It is a good opportunity to go long with a small stop loss. 
  • One should also consider the opportunity of going short if the support line breaks.
  • Both trades are possible Safe entry above 1025 go long. Below 975 go short.

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