inteliigentrader

Reliance short term setup

Long
NSE:RELIANCE   RELIANCE INDS
Reliance has been in a severe uptrend and the retracements have been very minimal, which show that the investors are confident that Reliance will move higher and so they are holding onto their positions. Volumes have been increasing with increase in price, which confirms the bullish sentiment for Reliance.
This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in market
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
Comment: If Reliance closes above 1852, on Daily candle, then 2000 would be achieved very easily

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