Nifty is following heavyweight reliance. it seems that both are under WXYXZ correction mode and last leg of correction (i.e. wave Z) is under progress. Sub wave (v) of Z may take reliance to 2220 level which is 255 DEMA ( acted as very strong support) and should complete the correction. After completion of this wave, the original trend which is uptrend , will resume. levels are described on chart. Disclaimer: This is purely for education purpose only. use your own analysis or consult your financial advisor before taking any trade on this analysis.