Reliance Industries: The outlook for Reliance Industries seemed to be negative as it ended below the crucial support level last week.
The stock now finds immediate resistance at Rs 1,047 and only a conclusive close above Rs 1,141 would change the outlook to positive for stock.
The next support level appears at Rs 694, and it seems the stock is heading towards the support level.
A close below Rs 694 could weaken the stock to Rs 549.
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