Reliance Infrastructure is currently sitting on a strong multi-year demand zone where Smart Money historically accumulates positions. The recent liquidity sweep and slowing bearish momentum indicate a potential reversal. With multiple imbalance zones above, price has a high probability of moving toward the first two targets (₹295 and ₹387). However, the company’s fundamentals remain weak, so higher targets will require strong sentiment or positive news flow. This setup is ideal for technical and SMC-based traders, not long-term investors
Disclaimer: I am not a SEBI-registered advisor. All the information shared in this is for education and awareness only. The stock analysis, charts, opinions, and views expressed are based on publicly available data and my personal interpretation. This should not be considered financial, investment, or trading advice. Always do your own research and consult your financial advisor before investing
Disclaimer: I am not a SEBI-registered advisor. All the information shared in this is for education and awareness only. The stock analysis, charts, opinions, and views expressed are based on publicly available data and my personal interpretation. This should not be considered financial, investment, or trading advice. Always do your own research and consult your financial advisor before investing
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.
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.
