NSE:RELIANCE   RELIANCE INDS
I will start from the beginning

1) We can see its a uptrend which means buyers are still in the control

2) Now we can the by the lines (blue and green) that its turning into a range,and you might ask why is this happening and the answer is simple because in an uptrend we need a higher high sequence and in this case of Reliance its not happening but its trying again and again thats why a range is form.

3) Now we will have to wait and watch and see what happens,and i want to repeat this again that Buyers are still in control and they are maintaining their grounds ok.

Thank You

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