RELIANCE INDUSTRIES LTD
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Reliance | Short | Swing

305
Reliance is showing signs of weakness.
The Daily Pivot was rejected in the morning session and now the Weekly Pivot is also struggling to hold.
The overall trend in the Daily time frame is on the Short side.
There is a strong likelihood that price will go to test the Monthly Pivot again - 1288 levels.

Needless to say, this could also drag Nifty down.

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