1. Reliance has crucial supports at 2640, 2700 and 2870.
2. These are important levels which the stock has to cross to hug the levels of 3000 which again becomes a psychological barrier.
3. If the levels of 2700 and 2870 are not broken in the days to come a bearish wave may again come in the Reliance stock and stock can fall again and the probability of the same is high as the rise in market is backed by low volumes and rise in Reliance stock may get stalled before the budget.
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17 Feb 2008
Reliance Update
Comments by IntenseDebate
Posting anonymously.
Reliance Update
2008-02-17T16:23:00+05:30
Analyst
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