NSE:RELIANCE   RELIANCE INDS
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1
looks like more down side is expected in the reliance , if it breaks 1230 level , it may slide up to 1214 level . further if 1214 is broken then it may slide up to 1160-1170 levels . Interesting days ahead .Today's selling was mainly driven by jeffrey's report on reliance , though stock is still strong .
Comment: Lots of up down today , but finally it was 1% down , Reliance is at most critical zone , having a strong support zone from 1214-1230 , if crosses below 1214 , more weakness may come in reliance . Let’s see if reliance can hold the ground . Interesting days ahead .

Comments

Hey , what do you think of this short term bounce , is it sustainable ?
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NitinSachan Matador_Uvee
@Matador_Uvee, by seeing current situation its more likely that reliance gonna touch more downside in the time to come if markets keeps on coming down
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