When ever there is such a situation, it is wiser to give secondary importance to these TLs . The foremost importance in such cases should be given to market structure. The stock just made a higher high on 15/12 and broke a series of lower lows after 18 days. Although it could not sustain the highs yet its a positive signal for the bulls.
I would consider for long positions in this stock if it maintains the lows just made. A closing above E (925) on this chart will be a second sign. A lot of short covering will be seen above 933 and 937.
On the side, a breach below the lows of 908 would attract fresh short positions.
Sometimes its better to sit on hands and watch the show.
should have waited for 933 closing but till 2.30 it was @933 , but market went downward it RIl also was Down
Next time will make sure
Its again RIL is up
should we wait till 3.25 to sustain till 933