In Reliance, 200 EMA will act as crucial level with RSI and Fib

The price at support level and 200 EMA will act as next crucial support .

The RSI divergence observes in daily time frame with Higher Low and fib level supporting the current price.

The price correcting in descending triangle pattern with double top rejection.

For Long Entry, EMA will be crucial level for any long trade.

For Short Entry, wait for 200 EMA violation and enter will be at retest level confirmation.

Key Points : Support & Resistance, Fib, RSI divergence, Triangle consolidation, Double Top Rejection, Moving Average

Thanks

Trade active:

Support from 200 EMA !!