Reliance will start move upward from 1118.00-1084.00 Level, till that level we will see price will travel downside.
If global cues are more crucial then the price will not respect above mention level and we will see the next downside level is 978.00-954.00. This level have strong support level.
Reliance Industries has been in a uptrend for a very long time. The stock has been consolidating at a strong support zone for more than a month and is now broken.
However, its important to confirm support on the broken side of the triangle and then enjoy the LONG ride!