Reliave lost crucial Support 1208....May see 1100 again

Short

RELIANCE INDS (NSE:RELIANCE)

Updated

NSE:RELIANCE RELIANCE INDS

Trend Analysis Chart Patterns

trendanalysis chartpattern

Fibonaci showing crucial level break... Further supports drawn in red.....Please do share your views on this

Comment:

for long term investment ... one must wait for further correction

Comment:

though we saw an upmove, but it was only the effect of news nothing else if it breaks 1208 again it will move to 1100-1135

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