preyesy

Reliance Gearing up to break the resistance

Long
NSE:RELIANCE   RELIANCE INDS
Reliance if trying to break Triangle pattern is sustained and closed above 2159 would move in upside and would face resistance at 2203.
For the bulls the levels would be to Buy @ 2159 with Stoploss of 2133 to a Target of 2203. ( Seller zone)
For bears the levels would to Short @ 2130 with Stoploss of 2150 to a Target of 2107 ( Buying Support)
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.