Reliance Industries support and resistance levels.

• Important support level for reliance in daily chart is 958 Breach of this area can take reliance below 950 towards 915.
• If trades above 958 and closes above this level stock may give 993 on upside.
• But this stock is trading below its  20 , 50 , 100 and 200 DMA's. It's also interesting to note that the stock had fallen so fast that the 20 DMA did not catch up with the price. So 20 DMA may cross  50 , 100 and 200 DMA before the stock bottoms. Positional longs will be safe if taken aove 20 DMA.