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TheUnlearningOne

Reliance (RELIANCE INDS): Upward trend to continue

Long
RELIANCE INDS (NSE:RELIANCE)  
TheUnlearningOne Updated   
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Support and Resistance Parallel Channel relianceindustries RELIANCE relianceinds reliancetechnical relianceanalysis
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trendanalysis supportandresistance parallelchannel relianceindustries reliance relianceinds reliancetechnical relianceanalysis
Reliance is trading in the channel with an upward bias on a weekly chart.

2600 and 2710 are levels to watch out for.

Above 2710, 3253 is the next level where the price can meet resistance as per Fibonacci.

Strong support visible at 2331, in case of retracement.

Also, stock is above the 40 and 10 weekly EMA.
Trade active:
Breakout above 2710 achieved yesterday.

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