Reliance Industries (RIL) is 17 percent away from its 52-week high while the Nifty is close to its 52-week high.

In Monday’s trade, RIL ended higher than its 10-day moving average (DMA), 20-day moving average as well as the 50-day moving average.

All eyes are now on the 100-day moving average that comes in at around Rs 2,070. The company will announce its quarterly earnings later this week.

Disclosure: Network 18, which publishes cnbctv18.com, is a part of the Reliance Group.

For more details, watch the video

(Edited by : Niral Sharma)