RELIANCE in TROUBLE ??

Updated
Well, like always, the chart is pretty self-explanatory. Do check out our view on nifty50 of which reliance is a major chunk.

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Note
Reliance recovered to get back in the zone. Will see the future price action and decide further course. The breakdown level remains a retest and continuation zone
Trade closed manually
The price action of reliance has changed. Reliance recovered! Our analysis did not work here :)
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