On a day chart the Reliance stock seems to form a Head and Shoulder pattern. Also the bullish movement has started on the account of earnings declaration of Q4.If tomorrow Reliance opens up with a gap then you can consider the given resistances as your target.If a 15-20 min candle sustains above the resistance then we can expect another bullish sign. If the stock...
With positive global cues and amidst COVID recoveries Nifty has shown positive signs since couple of days. On technical chart of day, we can see how Nifty tested its Regression Trend Can recovered from it with and upward movement. If Nifty manages to sustain above pivot tomorrow it may target R1 as it's resistance and then R2, R3. With slight probability if Nifty...