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Reliance RSI Bearish Divergence

Long
RELIANCE INDS (NSE:RELIANCE)  
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NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns Technical Indicators RELIANCE ril rsi_divergence rsidivergence niftytrend niftyprediction breakout supportandresistancezones
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trendanalysis chartpattern indicator reliance ril rsi_divergence rsidivergence niftytrend niftyprediction breakout supportandresistancezones
Price is making lower lows while the RSI is making lower highs which is clear sign of RSI Bearish Divergence.

Entry
We can enter in long trade after breakout above resistance zone with strong bullish candle.

Stoploss
Below the resistance zone.

Target
Target will be the next resistance zone.

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RSI Bullish* Divergence
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