Hello Traders, Reliance Industries (RIL) had to defend the level 2368 as below it will be a downtrend as it a heavyweight so lot depends on it to drive Nifty to the next level.
Chart self explanatory
However if you get any chance to grab it around 2150-2170 .Please grab it both hands as the reversal will quick and fast.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking any trading decisions..
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