### Analysis of Reliance Industries Ltd. Monthly Chart

- **Price Movement**: The chart highlights a long-term uptrend for Reliance Industries, with the current price at ₹3,019.25. Over time, the stock has shown strong bullish momentum, as evidenced by the large upward moves.

- **Recent Uptrend**: The stock recently rallied by **₹629.40**, which is a **24.41%** increase, indicating strong buying interest. This upward breakout could potentially signal continued bullish momentum.

- **Previous Corrections**:
- There was a correction of **₹609.50** (approximately **23.74%**) in the past, but the stock recovered from it.
- Earlier, another significant drop of **₹633.90** (**23.81%**) occurred, followed by a strong recovery, indicating that the stock tends to rebound after corrections.

- **Volume Indicator**: The **Cumulative Volume Delta (CVD)** shows negative values (around **-12.28M**), suggesting that despite the price rise, there may be some selling pressure or reduced buying volume at this level.

- **Resistance and Support**: The previous corrections show the stock facing resistance at certain levels before breaking out higher. Current levels may face resistance as the stock is near recent highs, but given the upward trend, breaking through could lead to new highs.

### Key Takeaways:
- Reliance Industries Ltd. is in a strong uptrend with consistent price increases.
- The stock has seen periodic corrections but recovers quickly, showing resilience.
- The CVD suggests some caution, as volume data indicates potential resistance, though the price remains bullish overall.
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