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manuagarwal21

Reliance - Key Reversal Candle at previous resistance

Short
RELIANCE INDS (NSE:RELIANCE)  
manuagarwal21  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Support and Resistance Pivot Points relianceindustries reliancetrade relianceshort shortsetup shortterm
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trendanalysis supportandresistance pivotpoints relianceindustries reliancetrade relianceshort shortsetup shortterm
Reliance Industries formed key reversal candle on its weekly chart confirming previous resistance @1600 levels.

Negative Divergence at 60 levels is clearly visible on the chart.

So coming any move below 1400 levels can take stock to 1200 to 1150 levels.


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