vish000agr

Consolidation

Long
NSE:RELIANCE   RELIANCE INDS
RIL is still consolidating as expected in my previous view. Waiting for break out above 2200 or breakdown below 1990 to enter either side. Higher chances of breakout given entire market is bullish in near term.
On shorter timeframe, we can look to buy around 2095-2100 with target of 2150/2170 and s/l below 1967

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