secret-trader
Short

RELIANCE at Lower High of Descending Channel

NSE:RELIANCE   RELIANCE INDS
The overall current trend of RELIANCE is Bearish . It's in Bearish Zone and touching its Lower High formation of its Descending Channel which leads to weakness ahead.

From a technical view, as long as the trend is in bearish zone, it is reasonable to anticipate weak price action. Moving Average (EMA-10-20) along with Volume is also supporting its downtrend.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out