seekedgetrade

Reliance bullish momentum divergence

Long
seekedgetrade Updated   
NSE:RELIANCE   RELIANCE INDS
Reliance 3 bar bullish momentum divergence seen on daily timeframe awaiting confirmation and if it moves above which could bring it back to at least 2075 again.the stock is at a support zone currently and in consolidation mode
Comment:
#reliance see charts to find how bullish divergence mentioned last day moved the stock today 2% up. Note : Subscribe to our youtube channel for daily analysis
Comment:
#reliance turned bullish on daily and to be put in watchlist.hit resistance 1 at 2200 and next 2275 and then it could be 2369 and then breakout..positional/swings can be played if momentum sustains. 2 % upmove and resistance 1 taken out.

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.