Reliance Inds cmp 1205.30 Weekly Chart view by Negative Phase
*Reliance Inds cmp 1205.30 by Weekly Chart view - Indicatively trailing thru negative phase*
- Stock has formed Bearish Rounding Top
- Resistance Zone 1250 to 1280 Price Band
- Interim Support Zone seen at 1165 to 1185 Price Band
- Next Good Support Zone is seen at 1045 to 1075 Price Band
- Volumes are steady but seen more on the selling side over past few weeks
- Stock Price broke down below Rising Support Trendline & well under Falling Resistance Trendline
- Weekly basis Support at 1145 > 1075 > 990 with the Resistance at 1298 > 1380 > 1490 > ATH 1608.80
- Stock has formed Bearish Rounding Top
- Resistance Zone 1250 to 1280 Price Band
- Interim Support Zone seen at 1165 to 1185 Price Band
- Next Good Support Zone is seen at 1045 to 1075 Price Band
- Volumes are steady but seen more on the selling side over past few weeks
- Stock Price broke down below Rising Support Trendline & well under Falling Resistance Trendline
- Weekly basis Support at 1145 > 1075 > 990 with the Resistance at 1298 > 1380 > 1490 > ATH 1608.80
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.