Reliance Ind - Key Support Level
The stock has a great support level between 2480 and 2455.
If that level breaks..the stock could fall upto 2320.
Would keep a 2% stoploss above the key breakdown level.
If RIL & HDFC Bank fall..its going to make the Nifty break the 50EMA..at this point small & midcaps will start showing greater weakness than they have until now.
If that level breaks..the stock could fall upto 2320.
Would keep a 2% stoploss above the key breakdown level.
If RIL & HDFC Bank fall..its going to make the Nifty break the 50EMA..at this point small & midcaps will start showing greater weakness than they have until now.
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