Reliance is trading above the 20days average and near by resistance area and its tried to break the resistance, waiting for retracement once it cooled down near 2320 its a positional Buy for the target of 2479 and to the strict stoploss 2276. Thanks Why we like it: Price trading above the EMAs, Resistance area breakout observed and waiting for retracement. Near by support: 2300 Near by Resistance: 2562