Reliance Industries Weekly Chart Analysis
#Reliance
Key Levels:
Temporary Stop-Loss: ₹1,277.05
Averaging Zone: ₹1,277 - ₹1,144
Strong Stop-Loss: ₹1,130
The Reliance Industries stock is currently trading at ₹1,283.75, witnessing a decline of 4.10% in recent weeks. The key support level to watch is ₹1,277.05, which serves as a temporary stop-loss. If the stock price continues to fall within the range of ₹1,277 - ₹1,144, this zone is considered suitable for averaging. The strong stop-loss level is set at ₹1,130, indicating a critical point for traders to exit if the price breaks below this threshold.
Key Levels:
Temporary Stop-Loss: ₹1,277.05
Averaging Zone: ₹1,277 - ₹1,144
Strong Stop-Loss: ₹1,130
The Reliance Industries stock is currently trading at ₹1,283.75, witnessing a decline of 4.10% in recent weeks. The key support level to watch is ₹1,277.05, which serves as a temporary stop-loss. If the stock price continues to fall within the range of ₹1,277 - ₹1,144, this zone is considered suitable for averaging. The strong stop-loss level is set at ₹1,130, indicating a critical point for traders to exit if the price breaks below this threshold.
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