Reliance weekly analysis

NullCharts Pro Updated   
weekly close above previous resistance consolidate and retest 1978 good to go
On Hourly any consolidation near 1980-2020 and daily closes above 2000 would be a strong buy signal
Comment: Executed properly will look for any consolidation in this area
Comment: seems subscriber news affected the stock price further downside to 1980 position will watch for now looking for any new entry positions
Comment: -My spot trade got executed around 2010 retest for support area in lower time frame ---But 1980 seems to be strong support
gut says dips are for buying and reliance seems to be undervalued may be pannic selling 1980 - 2000 acting as good support area


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.