RELIANCE INDUSTRIES LTDUpdated RIL - WAITING FOR DIRECTION
15M, HOUR AND DAY CHART HAVE SELL SIGNALS.
IF THE PRICE DROPS BELOW 1296, THEN IT MAY CLOSE THE GAP IN THE DAILY CHART AND MOVE UP TO 1276.
BUT, THE SHARE PRICE HAS GOOD SUPPORT AT 1300 LEVEL (SEE HOUR CHART).
IF THE PRICE MOVES ABOVE 1330, THEN EXPECT THE RIL PRICE TO MOVE TO 1360.
WAIT FOR THE CLEAR DIRECTION.
IF THE PRICE DROPS BELOW 1296, THEN IT MAY CLOSE THE GAP IN THE DAILY CHART AND MOVE UP TO 1276.
BUT, THE SHARE PRICE HAS GOOD SUPPORT AT 1300 LEVEL (SEE HOUR CHART).
IF THE PRICE MOVES ABOVE 1330, THEN EXPECT THE RIL PRICE TO MOVE TO 1360.
WAIT FOR THE CLEAR DIRECTION.
Note
1278 LOW TODAY!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.