Reliance closed above 23.60% Fibonacci retrenchment level We can say, the reliance has sustain the movement which it received yesterday. "When reliance runs, it make sure nifty will run too"
It is closed above 23.60% retrenchment level and has got historical support as well, mark with green trend line.
next resistance will be at 1155-1168 level.
make short purchase at CMP, if market dynamic changes, it goes dip again buy it.
"sooner or later it will go up"
