There is a formation of Bullish Head and Shoulders pattern on the daily chart of Reliance. The left shoulder and the head are already formed. The right shoulder is also half complete. There are good chances that the shoulder will complete. The neckline is at 1320 which is around 100 Rs far from CMP of 1225.
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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.