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manishmgupta

Reliance Industries (RIL) levels & Strategy for Next Few Days

RELIANCE INDS (NSE:RELIANCE)  
manishmgupta  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns Beyond Technical Analysis RELIANCE relianceindustries reliancetrade reliancelong relianceanalysis nifty50 stockmarketanalysis stockmarketindia stockmarketindex
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trendanalysis chartpattern beyondta reliance relianceindustries reliancetrade reliancelong relianceanalysis nifty50 stockmarketanalysis stockmarketindia stockmarketindex
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.

RIL is trading near major support level. RIL is the biggest heavy weight stock in Nifty. Today Nifty closed in negative -216 points.
Today, RIL alone contributed 50 plus points (nearly 1/4 of the total fall in Nifty).

Is it going to reverse from here ? or
Will RIL continue to slide ? 1. After increase in Windfall Tax 2. Weakness in Crude Oil Prices

Please review & share your comments. as well.

Have a very happy, healthy & profitable day ahead!
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