#RELIANCE WEEKLY CHART!!
Reliance Industries Ltd. faced resistance from the convergence of weekly resistance zone and 20 SMA.
Likely to stay weak in the short term if the stock stays below 2065-2070 zone on an hourly basis.
Breakout to take place below swing high of 2120 level.
Probable resistance post breakout comes at 2185 level.
Reliance Industries Ltd. faced resistance from the convergence of weekly resistance zone and 20 SMA.
Likely to stay weak in the short term if the stock stays below 2065-2070 zone on an hourly basis.
Breakout to take place below swing high of 2120 level.
Probable resistance post breakout comes at 2185 level.