Reliance is at support in 1 hour time frame, lets see if it breaks the support
Reliance is making Double Bottom pattern, Also option chain analysis: Unwinding seen at 2000 call side. An upmove of 120 points expected (Minimum). Note: Only for educational purposes
Reliance is going to make a bullish flag it seems. Watch out for the stock activity.
Short SBI Reasons: Double Top Pattern Inverted H & S Trying to fill the Gap (Imp levels mentioned) (Only for demonstration)
Head and shoulders pattern. Also brokers maintain sell ratings. Wait for breakdown, retracement, and then target. Only for educational purposes.
Wait for break out of head and shoulders pattern for 900 educational purposes only.
Watch out for bounce back from 13940 Upper target 14040 educational ourpose only
Possible Head and Shoulders Pattern for Reliance, may break down