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Reliance Trend AnalysisBulls will be entering at 200 MA area as its falling at Golden Ratio and there is also an intersection of two trendlines as confluence.
It will be a good opportunity for the ones who missed previous rally.
This is just my view and it doesn't mean any kind of trade recommendation.
Always consult your Financial Advisor before any kind of trading or investment activity.
Namaste.
Reliance Multiple support/resistance on hourlyReliance hourly has seen multiple support and resistance at 1960 levels. Break of this can give a quick short opportunity for 30-40 points. Reversals from this point can be a good look out point to build long for small upside. Over all good if breaks out of the range.