Reliance Ind: Keep a close eye. Close to 1250-1260 or Below 1200

Reliance Ind
CMP 1226

- potential trade opportunity with H&S pattern

- on any pullback Level of 1260-1265 may act as important resistance for Reliance and should not be breached on the upside or view gets invalidated...

- 1200 if broken then doors open up for potential fall up to 1152-1135 levels. Once level is broken it should not move back above 1226 or view will get invalidated

Plan your trade accordingly...

Take care & safe trading...!!!


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.