Global market are showing rejection on the chart. The same I have highlighted in the video. With todays rejection move the market is expected to hit the support levels.
Todays closing is below 200 EMA, if nifty continue to slide, Reliance can breach 2490 and make a new low. Only for educational purpose. On the contrary, if Reliance sustains above 2545, then it will move towards the resistance. The sentiment is negative until Nifty takes out 18200 level.
The lines should help you buy at the right time. Please trade with SL. Only for educational purpose.