The resistance in RIL at 2190 holds now its time to see if support at 2090-2080 holds or not.
Of late the stock has been moving in a very narrow range and the volatility has decreased which means in the near future if the volatility suddenly increases the stock can give a big move. The direction of the move will depend on its close. Close above 2190 will be bullish while a close below 2080 will be bearish.
SL for longs can be at close below 2070 and SL for shorts can be at close above 2190
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