Reliance is tying hard to hold onto the rising trendline but slowly weakening and breaking it on daily charts
also last few days, daily tenkan san is being a good resitance for the price and is unable to cross it.
looks like a test of 20 dma or deeper to daily kijun is possible
also last few days, daily tenkan san is being a good resitance for the price and is unable to cross it.
looks like a test of 20 dma or deeper to daily kijun is possible
Comment:
above tenkan now but testing the trendline from below. the 2 candles above the tenkan are weak candles.. longs be cautious..