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Will Reliance retests 1600 levels?

RELIANCE INDS (NSE:RELIANCE)  
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NSE:RELIANCE   RELIANCE INDS
Trend Analysis Support and Resistance Trend Lines ril RELIANCE LONG short relianceindustries pradumnasaraf
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trendanalysis supportandresistance trendline ril reliance long short relianceindustries pradumnasaraf
As the markets are making new highs, Reliance is still struggling to position itself. In fact, it is breaking down. Previously Reliance has shown reversal near 1800 and again it's trading near that level, do this time it will reverse or will retest 1600?

This analysis is done only for educational & intelligence purposes, invest or trade at your own risk

Idées en relation

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A Perfect example of "Bearish Engulfing" (Dixon)
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Is maket over extended (NIFTY 50) ??
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Reliance Formed "Symmetrical Triangle"
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Nifty & Bank Nifty side by side comparison
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Reliance broke major Trendline( Bull Trap?? )
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