Stock Analysis of Reliance

Price - 1899.50 Dt. - 22-11-2020

Stock is clearly in a downtrend from Oct.15 and it looks like it will continue for few sessions as the Indian market is going to witness some correction in coming sessions. The support level is placed at 1830 and stock is likely to go near that. At the price range, it will be the opportunity to purchase for the long term investor and short-term trader. RSI is near over-sold zone.


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