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jashjacob
15 de Ene. de 2021 2:54

RELIANCE - CONSOLIDATION - BUY IN DIPS Largo

RELIANCE INDSNSE

Descripción

Reliance has been looking weak in the last 2-3 weeks with a lot of negative sentiment. Price has been trading lower providing long term investors with some very good entry points during the trading session.

Breaking the 2000 sentimental price will require some strong buying in the coming days.

Comentarios

RELIANCE has broke 2000 today. Let's wait and see the move until Quarterly results.

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Reliance at our resistance!

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Reliance has taken support at the blue trend line.

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Reliance inching towards 2K!

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Very hard resistance above 2060.

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Break out from resistance on 25th Feb 2021.

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Hovering above resistance!

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Reliance had a gap down below it's resistance thanks to fear of 2nd wave of pandemic. The Indian market has seen huge sell offs. Reliance looking to hold it's support.

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Took couple of months, but eventually broke all time high.
Comentarios
jashjacob
@emailtoswapneel @Praveen_Sharma @surendarswo How's the positions looking?
emailtoswapneel
Perfect..
jashjacob
@emailtoswapneel, We saw good momentum yesterday and today in REL.
Parveen_Sharma
Well said..
jashjacob
@Parveen_Sharma, Thanks! Little bit of fall today. :)
Parveen_Sharma
jashjacob
@Parveen_Sharma, Saw a good breakout last week from the resistance levels.
surendarswo
Will it cross 2000 in this month expiry??
Parveen_Sharma
@surendarswo, Yes, It can as it has touched its strong resistance of 1975 twice in last three days. It could have crossed yesterday only but global sentiments changed its direction.

Once it closes above 1975 the price will shoot up
jashjacob
@surendarswo We saw it break 2000+ today. Great day. @Parveen_Sharma
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