RELIANCE 1D Time frame

📊 Reliance Daily (1D) Snapshot

Close: Around ₹1,382

Range of the Day: High near ₹1,396, Low near ₹1,380

Trend: Slight weakness on daily chart (mild red candle)

Stock is consolidating between support and resistance zones.

🎯 Key Daily Levels

Support Zone: ₹1,350 – ₹1,365

Strong Support: ₹1,330

Resistance Zone: ₹1,405 – ₹1,425

Strong Resistance: ₹1,430

📝 Strategy on 1D Chart

Bearish View

If price goes near ₹1,405 – ₹1,425 and fails to sustain, you can short.

Entry: ₹1,410 approx

Stop-loss: ₹1,430

Target: ₹1,365 → ₹1,350

Bullish View

If Reliance holds above ₹1,350 and shows reversal, you can buy.

Entry: ₹1,360 – ₹1,365 zone

Stop-loss: ₹1,330

Target: ₹1,405 → ₹1,425

Breakout Trade

If it closes above ₹1,430 with strong candle, expect momentum upside.

Target: ₹1,460+

Breakdown Trade

If it closes below ₹1,330, selling pressure can push it to ₹1,300 or lower.