if it forms a good candle pattern.- green light for buy
sometimes this stock dont follow price action it may hit you back be careful it gave a proper breakout but with bad candles
reliance as given a breakout from trendline and a retrace.
As reliance staying as a consolidation. 2800 - 2200 stays as a strong support and resistance. in weekly chart. we will wait it for a strong candle of wait for a retrace.