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RELIANCE INDUSTRIES LTD
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Reliance

By ParimalDevnath
Triple Top Pattern, Breakout attempt, followed by pullback. OI Table reading gives support and resistance levels. Strong support at 1200 and strong resistance at 1400. 1300 will play as a decision maker. There is a Negative Divergence. Below 1300, price can move towards 1220-15 and above 1300 price can move towards 1375-80. After a big pre-poll rally, Nifty may give some correction.
Chart PatternsTrend Analysis
ParimalDevnath

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