Reliance Weekly Time Frame Analysis
Current Trend:
1) moving in uptrend parallel channel and at bottom of parallel channel
2) MACD -Some weakness print in histogram. But confirmation not yet(cross over required)
3) at 0.786 level of support
Once it breaks 1Hr Consolidation we can turn bullish on Reliance with First target of 2440
Target to be watch:
Support :
once this level is broken(2300) we can except Reliance turned bearish
Resistance:
First level of Resistance @ 2720 level .
candle Formation: Doji at support followed by two Bullish candle.
1) moving in uptrend parallel channel and at bottom of parallel channel
2) MACD -Some weakness print in histogram. But confirmation not yet(cross over required)
3) at 0.786 level of support
Once it breaks 1Hr Consolidation we can turn bullish on Reliance with First target of 2440
Target to be watch:
Support :
once this level is broken(2300) we can except Reliance turned bearish
Resistance:
First level of Resistance @ 2720 level .
candle Formation: Doji at support followed by two Bullish candle.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.