Trader-AJ

Reliance at an all time high - should you invest?

NSE:RELIANCE   RELIANCE INDS
Reliance industries made an all time high yesterday and is catching attention of everyone. As seen on the chart, resistance of rising trend lines , bearish divergence in RSI (so far) & declining volume for the past few weeks suggests upside is limited. Move towards 1700 levels is likely, however, investors should wait for a dip for investment!

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