Reliance at Short-Term Low - Rakesh Chandra

The Reliance hourly chart analysis shows that next day some near-term low formation is likely and the day after some upside cannot be ignored. At lower levels, book partially for short-term profit-booking point of view.

With Stoploss 1,257 buy above 1,262.05. Next day up target>1,269 >>1,282 >>>1,289.

Next day lower target >1,250 >>1,238 >>>1,231.