Reliance is currently on weekly TF taking support from SSB with target upto Kijen-sen.
At 2500, purple shaded box- there exists a number of resistance
Weekly Kijun,EMA-20, Senkou span A resistance,
Daily Senkouspan B, Chikou-Kijun resistance
H1 tom demark resistance
Probable movement
Market goes above 2440- chikou touches resistance and move to the bottom of trendline, takes support
Market rises again to 2496 and faces resistance and falls to senkou span B.
At 2500, purple shaded box- there exists a number of resistance
Weekly Kijun,EMA-20, Senkou span A resistance,
Daily Senkouspan B, Chikou-Kijun resistance
H1 tom demark resistance
Probable movement
Market goes above 2440- chikou touches resistance and move to the bottom of trendline, takes support
Market rises again to 2496 and faces resistance and falls to senkou span B.
Comment:
Market still in cloud. RMO turned bullish