RELIANCE INDUSTRIES | BUY

The stock seems to be on a strong upward momentum with solid breakout above previous ATH. The stock seems to be poised for movement towards 2000. This provides us with a opportunity for a long trade in the stock. The stock seems to be a good buy at about Rs 1842 (Previous breakout zone) for a target of Rs 1972 with a stop at Rs 1787 on a closing basis.
Chart PatternsjioRELIANCETrend Analysis

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