Reliance should correct from current level and kiss 815 in short term. Stock after huge run up now looking overbought, also today it corrected after touching 200 DMA and down trendline running from 5 apr 2011 which touched it in nov 2011. Now it is third time stock is touching trendline.
Also It has made wedge pattern in current uptrend and should correct from that, stop loss at 850 should be maintained.
