NSE:RELIANCE right now is trapped in two price action patterns. First one is the rising channel/range pattern ( T1 & T2 ) in which it may take its 5th support and then continue to soar. Second one is the falling wedge pattern ( T3 & T4 ) that may push the price down once again to take the support at T2 & T4 at point 1.
Wait for the clash between the Bulls & the Bears and let the price action decide whether to execute the plan or not.