Get started
vipulmehta817

Head and Shoulders in RELIANCE

Short
RELIANCE INDS (NSE:RELIANCE)  
vipulmehta817  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns RELIANCE relianceindustries relianceweekly relianceshort headandshouldersformation head_and_shoulder headandshouders 200wma
1
0
trendanalysis chartpattern reliance relianceindustries relianceweekly relianceshort headandshouldersformation head_and_shoulder headandshouders 200wma
RELIANCE has formed head and shoulders top pattern on the weekly chart. The stock is hovering at the trendline, as bulls got rejected this week.

A breakdown from here can take the stock all the way to 200WMA of 2000 and perhaps subsequently toward 1830 support zone .

Keep an eye!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.