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1. It is a concern now as Reliance equity price has closed below 50DMA. One has to keep watch in case 2099 level is broken.
2. If one is a short term trader than one can exit if 2049 level is broken. However with a broad range one may see a technical run up to 2250 in the equity price.
3. Present trend for stock is neutral and turns negative if 1949 level is broken.
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