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kumarravi112

Reliance- Some more consolidation expected around 2210-2250

RELIANCE INDS (NSE:RELIANCE)  
kumarravi112  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Harmonic Patterns Chart Patterns relianceindustries
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trendanalysis harmonicpatterns chartpattern relianceindustries
Reliance has been taking support from the long term trend line as depicted in the chart. Short term trend has formed a Head and shoulders pattern which indicates reversal of uptrend. If support is strong then expect the price to hover around 2210-2250 for a few sessions. Long-only above 2280.
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