RELIANCE view

RELIANCE have its results scheduled today after the BELL


before this important EVENT technical setup here is moderately positive.
STOCK has done extremely well since its OCTOBER lows.

stock have its strongest PATTERN support placed at 2638,
as long as that holds fresh highs are likely beyond 2850,
If 2638 breaks then it should test levels of 2530 and 2450 on cash in next few weeks.

MONDAY coincidently happens to be an important TIME CYCLE DATE for RELIANCE along with NIFTY.
so let’s see,
Historically RELIANCE have an intresting PATTERN to correct post its RESULTS.
hens watch out for 2638 very closely.

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