Reliance script has been observed to form a head and shoulder pattern on the chart between the period Sept - Dec 2021. After reaching high of 2748.85, prices have been falling since then. As per current analysis, it can be speculated that the prices will continue falling till it forms a support between the price range of 2099 - 2200. If the market's downtrend,...
ITC stock is showing volatility and moving with the current downtrend of market. The chart pattern on ITC shows a head and shoulder pattern. With that pattern, the script broke support at 230 and moved below. With current analysis, the script could form new resistance at 217. If the script trades below 217, it could be considered as a result of negative news...