RELIANCE INDUSTRIES
- Stock stuck in range bound zone, on upper side will find resistance around 1050 and support around 959, sharp movement expecting once stock comes out from its range.
- Stock also facing strong 200 days moving average support, as long as trades above bulls will be favored, but once stock comes down below 200 DMA then bears may get active.
- If stock falls from current levels and closes below 959 then will find next support around 925 and 905 as shown in chart no3. Close Watch.
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