1. BSE and NSE is highly dependent on the performance of Reliance industries as a stock which is a concern as it is looking weakest among all the blue chip leaing stocks.
2. Reliance Industries may be pinning the last nail in the coffin of Indian stock market as it may be a leader which will contribute for next leg of fall in the Indian share makrket.
3. If the downfall commences than stock has potential to fall below 2000 levels and if bearish trend continues than stock has the final target on lower end as Rs 1450. Exit all longs if Reliance breaks 1969 levels.
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