RELIANCE is in metastock sell signal and has closed below 100 and 50 DMA which is bearish for it, also it has completely filled the post election gap but has closed below the gap support.
on the down side the intermediate supports are at 1900-1849 and the strong support is at 1800 a close below which can lead RIL to 1700 so watch 1800 levels
on the upside the resistance is at 1950-75 then at 1990 and then at 2049 (100 DMA)
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