From my chart last week, We saw the breakout as per the idea I had posted. Reliance is still BULLISH.
Reliance Retail arm is still looking to add in more investments in the coming weeks. They've litreally put SoftBank on hold for investing in Reliance Retail.
The deal of 20B$ from Amazon in Reliance Retail is yet to solidfy.
Long positions away!
Note
Reliance has breached the support line.
Markets moved sideways and Heavy Sell off seen in RIL.
Continue to buy in dips.
Trade closed manually
Short Term support broken. Global markets in a turmoil.
Note
Reliance has reached it's supply zone. Wait for new chart to be posted.
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