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1. As suggested by me Reliance closed near its 1500 target and if 1499 level is broken than be ready to see the level of Rs 1446-1337-1250-1000.
2. Reliance has to move past the level of Rs 1731 level to show some upmove strength. Resistance further will be encountered at 1900 level.
3. As a strategy one can short the stock with a stop at 1735.
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