1) As Daily chart of Reliance is showing correction, but 2000 level is very crucial , it might reverse from that level.
2) On daily chart cleary A Doji pattern if form , which indicate trend reversal.
3) This is good time to accumulate reliance on every dip
4) Reliance and future group deal may favours reliance as deal is happend in india and following Arbitration...
As we had seen Sharp recovery in nifty in last 3 to 4 month, now correction is required , in addition to this Current market scenario due to Covid also to be considered. As per RBI policy and Economic policies GDP and Liquidity is all time low and continue to fall below current level. Global Markets are also in the mood of correction and Indian market will follow...
