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Hello Traders,
Reliance Industries (RIL) had to defend the level 2368 as below it will be a downtrend as it a heavyweight so lot depends on it to drive Nifty to the
next level.

Chart self explanatory

However if you get any chance to grab it around 2150-2170 .Please grab it both hands as the reversal will quick and fast.

Time Frame : Daily

Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..

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