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SurajChandak17

Reliance took a strong double support but closed below 200 EMA

RELIANCE INDS (NSE:RELIANCE)  
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Trend Analysis RELIANCE 200ema-rejection
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trendanalysis reliance 200ema-rejection
Todays closing is below 200 EMA, if nifty continue to slide, Reliance can breach 2490 and make a new low. Only for educational purpose.
On the contrary, if Reliance sustains above 2545, then it will move towards the resistance.

The sentiment is negative until Nifty takes out 18200 level.
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