amoghn97

reliance - Fib analysis

BSE:RELIANCE   RELIANCE INDUSTRIES LTD.
this is just a low probability guess as I do not much follow Fib.
but it is observed that from low to high stock retraced to 38% and if we use extension and if it crosses the V moving avg support then stock may go down till 1985.


let me know your comments, this is just a thumb rule I followed.

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