Current Price Action
Reliance is trading around ₹1,384.
Day’s low is near ₹1,375 and high is near ₹1,385.
Price is consolidating in a narrow band after recent gains.
⚖️ Key Levels
Immediate Resistance: ₹1,385 – ₹1,390
Next Resistance: ₹1,400 – ₹1,410
Immediate Support: ₹1,375
Strong Support: ₹1,360 – ₹1,350
📊 Indicators
Moving Averages: Short- and medium-term averages remain bullish, confirming uptrend strength.
RSI (14-day): Around 58–60 → showing bullish momentum, still not overbought.
MACD: Positive crossover → indicates bullish bias.
📈 Outlook
As long as Reliance holds above ₹1,375, the bias stays bullish.
A breakout above ₹1,390 – ₹1,400 can push the stock toward ₹1,410 – ₹1,420.
If it falls below ₹1,375, it could slip toward ₹1,360 – ₹1,350.
Reliance is trading around ₹1,384.
Day’s low is near ₹1,375 and high is near ₹1,385.
Price is consolidating in a narrow band after recent gains.
⚖️ Key Levels
Immediate Resistance: ₹1,385 – ₹1,390
Next Resistance: ₹1,400 – ₹1,410
Immediate Support: ₹1,375
Strong Support: ₹1,360 – ₹1,350
📊 Indicators
Moving Averages: Short- and medium-term averages remain bullish, confirming uptrend strength.
RSI (14-day): Around 58–60 → showing bullish momentum, still not overbought.
MACD: Positive crossover → indicates bullish bias.
📈 Outlook
As long as Reliance holds above ₹1,375, the bias stays bullish.
A breakout above ₹1,390 – ₹1,400 can push the stock toward ₹1,410 – ₹1,420.
If it falls below ₹1,375, it could slip toward ₹1,360 – ₹1,350.
Hyee Traders...
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Contact - tinyurl.com/mvs4nuhf
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Related publications
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.
Hyee Traders...
Contact - tinyurl.com/mvs4nuhf
Web - tinyurl.com/mvs4nuhf
Details - tinyurl.com/mvs4nuhf
Contact - tinyurl.com/mvs4nuhf
Web - tinyurl.com/mvs4nuhf
Details - tinyurl.com/mvs4nuhf
Related publications
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.