RELIANCE INDUSTRIES LTD
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Reliance - In weekly TF is in buy mode, but expecting a dip

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In weekly timeframe, the oscillator is in buy, but I am expecting a dip or it will stay around1200-1250 levels and then we will move higher with a minimum of 50% of the entire fall around 1400 levels.
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Current SL would be 1205 (PW Low). If this holds we can see a rise of 38% or 50% of the entire fall. Lets watch for positive close for the day.

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