Reliance Industries
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDoo4YNDzG1yjbWYztj-f3rIpCIf0Pe6BkaHjO90Vvb3jzHs49f5ULNuSSkSvcytDDkAbhhIaxx4caI8ja18X23AbQA8_gpky8QDEgKJkk8dCX_35nrJcRrSv20gszcnsbDCft4Q/s1600/reliance.bmp)
RELIANCE (1127) - Posted on 23rd April as "Support 965-955 & 935-925
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After this post , it took support ,exactly, at the mentioned level of 935-925
(made lowest low 925 on 05th May) and from their, upward movement started and already attacked the mentioned upside target of 1140-1150 ,exactly, on 16th May itself (made high 1145.25) , from there corrected up to 1073.75 on 23rd May and as on last Friday it is once again near the mentioned upside (made high 1132).
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Now what next ?
Upside target 1140-1150 remain same
But trade and stays above that then ready for very big up move
First target 1250-1280
afterwards 1640-1680 & 1850-1880
and ULTIMATE UPSIDE TARGET 2800-2850
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Hereafter down side support exists at
1070-1050 & 1000-980