Reliance(913): #MakeOrBreak??? 20DMA50DMABroken
Pattern within pattern
Reliance has been trading within
Ascending triangle cum small pennant as
marked on charts Interestingly RSI is
also in symmetrical triangle pattern
Watch out for RSI confirmation of breakdown
In case 908-910 is breached expect profit booking upto 895-870
Immediate resistance @ 928-938, till these levels
are not crossed expect lower levels to be
revisited
Reliance has been trading within
Ascending triangle cum small pennant as
marked on charts Interestingly RSI is
also in symmetrical triangle pattern
Watch out for RSI confirmation of breakdown
In case 908-910 is breached expect profit booking upto 895-870
Immediate resistance @ 928-938, till these levels
are not crossed expect lower levels to be
revisited
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