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Topic: Reliance Industries

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20 & 100 DMA cross would show some sign of reversal

From : Anand Joshi at 12:14 PM - Jun 20, 2009 (13 months ago)

Total Views: 61

Inline with expectations crossing of 20 DMA and 50DMA restricted the uppper side and reversed down to 2000 levels. Well expiry week and also the 20 & 100 DMA cross would show some sign of reversal but would not cross 2400 levels. Next level of support looking at 1900 levels.




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