RELIANCE IND: BUY= DAILY+WEEKLY #FINANCIALFOOTPRINTS

Reliance industries is in a powerful uptrend in daily as well as weekly chart. It gave a good breakout of secondary downtrend line. It consolidated after breakout, which is a sign of sustainable breakout. It is above 20 DMA but below 50 DMA, Once it crossed 50 DMA it will gain good momentum.