RELIANCE INDUSTRIES LTD
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Reliance, Fibo&200DMA

Price rose with the consistent support of 200 DMA and the fall from 1331 to 1016 is retraced to Golden Ratio and presently holding above it. Resistance is placed at: a) 1271 (previous high) and then b) 1331. Expecting some consolidation at and around this level to gather fresh steam to face resistances.

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