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RELIANCE Share Price Discussion

Reliance Industries Ltd.
Sector: Petroleum
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RELIANCE Share Price *
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Update: volume has drastically reduced and market activity aswell,
But the next time target can give us an estimation to when the market activity will resume and abrupt changes can occur.
So the next Fibonacci time target is at
1:45-2:05.
Fibonacci time targets successfully predicted previous move,
For the confirmation of prices cross 1290 it is a sign of a regain of strength in the market.
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ElliottWave Master @ygtrader
Aug 13 6:23 PM

Prices may cross 1290 at the next target mentioned above in this post, but if you're going long then place your stop loss below 1274.95 as this is a strong support derived from 38% Fibonacci retreat
Recent posts in RELIANCE

Weekly stock analysis
Buy reliance industry
Above 1581
Sl 1556
Tgt 1611/1641++
Sell reliance industry
1555-74
Sl 1584
Tgt 1525/1500/1475
All levels are cash spot based on closing basis
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RELIANCE INDUSTRIES (RIL): Leading global financial brokerage firm - CLSA Asia-Pacific Markets, while maintaining it’s ‘BUY’ rating on the Mukesh Ambani-owned petrochemicals-led country’s biggest diversified business conglomerate giant’s stock, has raised it’s target-price (TP) t...
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RIL likely to touch 1520 levels and bounce to 1750 from there.
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RELIANCE - chart - 471303
# RELIANCE OVERVIEW
Reliance target 1600 and find support at 1553
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Reliance BTST Cmp 1556 Sl 1538
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Buy Reliance 1562 sl 1547
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