Reliance Inds is near short term resistance at around 1800 level. If the price breaks the level we could see reliance at 1940 level. But, there is a high probability of it falling week and a downward correction could start after the break of the short term trendline
Nifty on a 15 min chart is showing signs of a short term channel. it is a very narrow channel and hence a break on the downside is expected. The channel shows signs of weakness and hence look for selling opportunities
