The stock still has a lot of upward momentum, hence it will probably continue the up-trend. The key resistance level for the stock at this stage is 918, once the stock makes it above this price on a daily closing basis, it will see much higher prices. Investors that have missed out on the earlier rally in the stock are advised to enter at the present levels of around 850 and place a stop loss at 836. Cautious investors can enter the stock at the break of 918 & place an appropriate stop loss. Re-entering a stock can be a riskier proposition, when compared to the original entry price/location, hence excise caution.
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Reliance Industries - Daily Chart