Reliance Industries.. trendline test

11 déc. 2019

Reliance is tying hard to hold onto the rising trendline but slowly weakening and breaking it on daily charts
also last few days, daily tenkan san is being a good resitance for the price and is unable to cross it.
looks like a test of 20 dma or deeper to daily kijun is possible

13 déc. 2019

Note

above tenkan now but testing the trendline from below. the 2 candles above the tenkan are weak candles.. longs be cautious..