RELIANCE has very strong support at 2300 PIVOT level in weekly chart.
If it is able to sustain 2300 next RESISTANCE is at 2670 - 2900
Also RELIANCE has STRONG SUPPORT AT 1900 level.
I don’t think stock will fall below 1900 levels.
Fundamentally very STRONG stock
My TARGETS are below for 1 year
BUY : RELIANCE IND
CMP : 2335
SL : 1900
TARGET : 2670 - 2900 - 3240
TIMEFRAME : 1 YEAR
If it is able to sustain 2300 next RESISTANCE is at 2670 - 2900
Also RELIANCE has STRONG SUPPORT AT 1900 level.
I don’t think stock will fall below 1900 levels.
Fundamentally very STRONG stock
My TARGETS are below for 1 year
BUY : RELIANCE IND
CMP : 2335
SL : 1900
TARGET : 2670 - 2900 - 3240
TIMEFRAME : 1 YEAR