Reliance Industries Limited
Updated

RIL - Bat pattern is in making

2 237
RIL is the process of BAT formation.

Above 2495, a bull will take a control

and Below 2440, bear is going to take a control.
And if bears take a control we can see the stock correcting to almost 2330 levels (a 4.5 % correction) till Mid October'23.

Do keep a watch on important levels of the stock
Trade active
What a move below 2440, had seen the low of 2355 which is very near to 2330,

Happy to see the stock moved as per the analysis.
Trade active
2351 low, what a pattern, loving it
Trade closed: target reached
2335 low made, very near to the expected range, it has fallen almost 4 % plus in few days
Trade closed: target reached
2325 low made, enjoy the magic of technicals
Trade closed: target reached
made a low of 2316
Trade closed: target reached
made a low of 2295
Trade closed: target reached
low made 2220
Trade active
RIL expected to touch 2150-2200 levels in few days

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