50 giant Reliance is forming symmetrical triangle pattern
which is more clear in 60 mins time frame. If resistance line is broken it can give a good swing upwards, if stock fails to break resistance level
then it will start moving towards the support line which is also a good swing for bears ( Note : It has already formed pinbar
candle near the resistance which is a bearish
candle ) so it has higher chance of reversing , but don't do panic or hurry entry into the stock , wait for the right levels which are mentioned in the chart. This is my personal analysis not buy/ sell call , this is for only educational purpose. Feel free to share your views !