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surya89trade
Nov 20, 2017 3:34 AM

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

RELIANCE INDUSTRIES LTD.BSE

Description

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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