Reliance Profit booking at higher levels

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As reliance have touched its All time high for the third month, it would be advisable to book partial profits at higher levels and could wait for the Fibonacci retracement for lower levels for buying in dips. Reliance has rallied more than 75% in just 1.5 months hence expect some profit booking and correction.
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FibonacciRELIANCErelianceindustriesSupport and Resistance

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