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abhiquiet

Reliance took 200 DMA as support

RELIANCE INDS (NSE:RELIANCE)  
abhiquiet  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Technical Indicators Gann
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trendanalysis indicator gann
With all the markets opened negative, Reliance also opened negative. But Reliance bounced back from the 200 DMA level of around 2330.
GANN Square of 9 support level is also at 2330 and then 2290. Reliance is facing resistance at 2371 levels based on Fibonacci Levels. If it crosses 2371, the next resistance level shall be around 2400.
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