Keep an Eye on Reliance to Know Market Direction | Indian Stocks to Make You a Millionaire

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Keep an Eye on Reliance to Know Market Direction

Posted By On 3:32 PM
Reliance is a stock which has a habit to bounce back from the levels of 960 and we considered 950 as a deep stop loss and thus now it is at a break away level. If the stock consecutively closes for 3 days below 950 than a fall will commence in the market and it will be the right time to book out the profit from market and trade in stock specific opportunities only. Keep an eye as this stock will now be either the cause of taking Nifty down and if it rises than it will take Nifty to level of 5600-5800.
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