RELIANCE INDUSTRIES LTD
Short

Short if lower trendline of triangle is broken.

55
The chart is moving in a narrow range and has created a triangle chart pattern.

ADX is also indicating the strength in downward direction

RSI indicating the stock is loosing it's strength in is ready to go down

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.