scorpiomanoj
Long

Reliance Industries - A calculated upmove possible

NSE:RELIANCE   RELIANCE INDS
Reliance             Industries
CMP 972
Weekly chart.
Target 1035
Stop 950.
1) Has been in a calculated upmove + retracement right from its base of 525.
2) Upmoves has been 35%, 25%,21%
3) In that series, a possible upmove of 19% from the swing low of 870 is expected, which works out to be 1035.
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