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RELIANCE--Gap down ??

Short
RELIANCE INDS (NSE:RELIANCE)  
IIT-Trader Updated   
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Support and Resistance Trend Lines RELIANCE relianceindustries reliancetrade relianceforecast relianceanalysis relianceshort reliance-trading reliance-chart
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trendanalysis supportandresistance trendline reliance relianceindustries reliancetrade relianceforecast relianceanalysis relianceshort reliance-trading reliance-chart
Observations:
-------->>the stock is trending upwards.
-------->> We have observed that the price is broken trendline, and retested the supply zone.
--------->> Previously a strong fall is observed from the zone 2490. if price falls below 2450 levels sell on retracement for the target2420 levels.

Keep an eye on these levels.

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Comment:
Reliance is taking the support from 2420 level, keep track this level for further
upside movement.
snapshot
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