Get started
RELIANCE INDUSTRIES LTD.
Short

Reliance - Trending Down

By NeeteshJain
Updated
It is been observed on the daily chart that the price action is forming lower lows and indicating further weakness ahead.

Target 1- 1540

Target 2- 1510

SL - 1600
Trade active
Trade active
Note
Chart Update:
snapshot

In the above hourly chart, until the price action closes above 1590-1600 levels, the stock is in the down trend and shall dip further down. Keep sitting tight. Thanks
Trade active
Trade active
Trade active
Trade closed: target reached
Target 1 reached and looking further weak ahead.
Trade closed manually
Technical IndicatorsRELIANCETrend Analysistrendingdown
NeeteshJain

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.