RIL is still consolidating as expected in my previous view. Waiting for break out above 2200 or breakdown below 1990 to enter either side. Higher chances of breakout given entire market is bullish in near term.
On shorter timeframe, we can look to buy around 2095-2100 with target of 2150/2170 and s/l below 1967
RIL had a crazy run, journey form 1800 to 2200 had almost no reversals, My view is that it should consolidated for a while between 2000-2200. Or maybe I just hope it to consolidate and then breakout any side.