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surya89trade

RELIANCE: Possible Bull Flag-Use 860 levels for Positional Entry

Long
RELIANCE INDUSTRIES LTD. (BSE:RELIANCE)  
surya89trade Updated   
BSE:RELIANCE   RELIANCE INDUSTRIES LTD.
Trend Analysis
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trendanalysis
Reliance Industries after a strong rally is possibly forming a bull flag where 930 levels can act as resistance in near term. Any fall towards 860 levels can be used to accumulate for target of 1000.
Trade active:
The price has moved above 930 levels , one can initiate longs with stop at 930 for a target of 955.
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