Reliance (RELIANCE INDS): Time to take note of this giant...

This week the price closed marginally above the 40 weekly moving average.

Important to note levels above 2675 as it could create momentum for an upward move.

Above 2800, it might touch its high of 2856 and even move higher to 3000.

Trade with a stop loss of 5-8%.

Note: Not a buy/sell recommendation. Do your own research and consult your investment advisor.

交易進行:

Crossed the level of 2675 and closed higher at 2707.