Reliance industries at attractive price

Long position in Reliance industries can be initiated with a stop loss of 2150 on a daily closing basis.

Points considered:
It is trading at 2203 level which is lowest in last 18 months.
Taking support at horizontal support which has not been broken in a long time.
RSI near oversold zone.

Please do your own study before entering any position.
Chart PatternsTechnical IndicatorsTrend Analysis

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