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RELIANCE MAY FALL TO 1316 (POSITIONAL)

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NSE:RELIANCE   RELIANCE INDS
RELIANCE MAY FALL TO 1316 (POSITIONAL)
KEEP A STRICT STOP-LOSS OF 1616 ON CLOSING BASIS

RELIANCE IS TRADING UPPER CHANNEL OF THE WEEKLY TREND. SO AVOID BUYING IN RELIANCE.

ALSO CLEARLY SEEN DIVERGENCE ON DAILY CHART..
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