kalyanganguly

Reliance - High bullish momentum

Long
NSE:RELIANCE   RELIANCE INDS
Note: This is for educational purpose only.

It seems there is a good bullish momentum in Reliance. The price has not come below the Middle Bollinger Band for the last 1.5 months. RSI above 70 indicates bullish momentum as well. However, being overbought, expecting some consolidation to cool off. But overall strong bullish momentum.

Disclaimer

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.