RELIANCE INDUSTRIES LTD
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RIL -- May Take Support and Bouce Back...

RIL may take support at around 1840 and bounce back. It has broken 1900 today. Look out for 1840. With a stop loss of 1800 one can long it at 1840 levels for a target of 2075 in 2 to 3 weeks.
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Didn't take support. It bounced back almost immediately the next day. hard luck. better luck next time

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