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BHAVYA_JAIN

Bullish divergence in "RELIANCE"

Long
RELIANCE INDS (NSE:RELIANCE)  
BHAVYA_JAIN  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
There is a bullish divergence in reliance. It has been falling from last 4 sessions. and it is evident from the chart that Rs.2081 is a great support. breaking it would lead to a downward journey towards Rs.1980. on the up side, there has been a constant rejection from the trend line. If it manages to hold above the trend line, then two targets of Rs.2185 and Rs. 2225 can't be ruled out.

Thanks!
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