RELIANCE INDUSTRIES LTD
Updated

RELIANCE-- Rise or Fall ??

599
Observations:
-------->>the stock is trending upwards.
-------->> We have observed that the price is near trendline.
--------->> Previously a strong fall is observed from the zone 2460-2445.Price broken the resistance and If the same zone is acts as support we will observe again upwards in reliance up to 2490 levels and above.

Keep an eye on these levels.

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Note
After broken the resistance price is completely in a range bound, will see tomorrow breaks below or above.
snapshot
Note
opens at demand zone. careful here.
snapshot
Note
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