Reliance closed in negative today and in weekly candle in inverted hammer.
Tomorrow is AGM for Reliance and as per chart, its making Flag & pole pattern.
We may see some SL trapping tomorrow and then breakout......
Reason :
> Near to support of Flag
> Monthly RSI is 78...one push needed to move RSI up
I might be wrong as no one know....but but but.....Lets see tomorrow.
Share your view also.
This is only for educational & learning purpose
Tomorrow is AGM for Reliance and as per chart, its making Flag & pole pattern.
We may see some SL trapping tomorrow and then breakout......
Reason :
> Near to support of Flag
> Monthly RSI is 78...one push needed to move RSI up
I might be wrong as no one know....but but but.....Lets see tomorrow.
Share your view also.
This is only for educational & learning purpose