Reliance Industries Positional Important Levels

Reliance Industries [][SHARE PRICE URL] – Positional Important Levels: * Support: 2,850 – 2,800 * Resistance: 3,000 – 3,080 * Structure: Range breakout attempt * Business: Diversified giant (Oil, Jio, Retail) * Key driver of index movement * Long-term growth visibility * Earnings: Oil price fall = margin support * Jio + Retail driving future growth * Stable earnings profile Verdict: * Slow mover but powerful * Good for positional + index play *****