The upper horizontal line marked as sell zone(marked in red) should act as the stop loss for shorts. The value of the upper horizontal line is at ₹1380/-The minimum target should be the lower horizontal line marked as buy zone(marked in blue). The value of the lower horizontal line is at around ₹1330/- The stock is very weak please don’t try to buy even at the buy...
Reliance is in a short term down trend/ consolidation. The idea is to simply buy at a probable support zone around ₹2500/- for a target of ₹2580/- Both the zones are demarcated by the trend lines.
