TradingView
nirav5
Nov 4, 2016 8:07 AM

Will the Bullish BAT (Man) comes to rescue Reliance? 

RELIANCE INDSNSE

Description

We have potential Bullish BAT pattern on Reliance. If reversal comes and support of 1000 - 1005 works as a support level then we can have the upside move towards previous channel resistance.

Comment

Reliance defended 1000. If the Bullish Bat setup is correct, we can see up side movement in next session.
Comments
asokan
It seems it may dip further based on 10,000 crores penalty news.
nirav5
Ok. As per chart I think at least it can go near the previous channel's support line which can work as resistance. lets see how it works.
More