aktradelearning

Reliance : Mota Bhai may be coming into action

Long
NSE:RELIANCE   RELIANCE INDS
Reliance on weekly charts have made a very good price action, with a morning star formation on weekly charts and demand & supply confluence zone. Also the pattern has formed at an important support trendline which has historically in past acted as resistance before Covid, after that once it broke out of it, this trendline has acted as support in past few times.


Reliance may provide a thrust to Nifty (what I also believe that it is getting ready to fly) ; what it has been missing since last 10 weeks after making a ATH in Dec 2022.

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