RELIANCE--Double Top Formation??

22 พ.ค. 2023

------->>----->> Can we consider this as double top ??
------>> Failed to create a new high and falls heavily to the below levels.
if demand acts as supply @ 2470-2460 levels, we will observe a fall again towards 2420 and 2370 levels.
@ 2370 Levels we have identified a strong rise in this stock price, will again push the price towards higher levels.
keep track these two levels.

22 พ.ค. 2023

บันทึกช่วยจำ

Price reversal from zone, keep track this, more fall or rise.

23 พ.ค. 2023

บันทึกช่วยจำ

it is trading in range, wait for breakout or breakdown

24 พ.ค. 2023

บันทึกช่วยจำ

28 พ.ค. 2023

บันทึกช่วยจำ

demand zone takes the price up to the resistance level again. Will wait for breakout or reversal.