In a downward sloping channel.
at 1550 , a very strong resistance.
Last 3 months trading in a very constricted band of 1350 - 1550.
Be careful if it trades below 1300.
One hand loses another hand gains. ;)
Just days before, traders had a wonderful breakout to catch at reliance. Those who caught the breakout could easily get above 5% return.
but those who dint get the break, reliance is giving another chance for traders act on. keep RELIANCE in your watchlist for 10 Aug 2020.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any...