RELIANCE is likely to hold NIFTY from a one way decline.
it’s the only strong setup which may still have some more upside left with it.
In JANUARY we discussed 2638 as very important support,
we thought it would break but some how that was saved.
and post that it have shown a remarkable upside.
PRICE and TIME setups are very strong here,
which can help it to push towards 3040-3100 on cash.
2820 is a key support a break of that would trigger a REVERSAL.
