Reliance

5 Eyl 2018

Chart of RIL looks very much like that of Nifty. Channel broken. So weakness persists. OI Table tells that 1300 is the biggest resistance-- highest Call OI. Support lies at 1200 Put. Any decline towards 1215-20 will be closely watched. If this level is reached, one may go for long position targeting 1240. SL may be at 1210. All levels are according to OI support and resistance.