RIL after giving Pole and Flag Breakout with high volume, was sideways to negatives till yesterday with low volume. In the process stock retested Break out level and have given upmove again today with increasing volumes.
MACD on daily chart is trying to turn bullish and on weekly chart it is already bullish.
Stock has good support at 2150 levels.
PS: Chart for purpose of learning, please consult financial advisor before investing.
MACD on daily chart is trying to turn bullish and on weekly chart it is already bullish.
Stock has good support at 2150 levels.
PS: Chart for purpose of learning, please consult financial advisor before investing.