On 1 Hour Timeframe, Reliance Industries stock trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Reliance Industries.
Breakdown Move - Confirmation for breakdown will be if Relinace industries stock starts trading and sustain below 2956 level - Downside rally nearly 50-60 points expected in case of breakdown - Intermediate support expected near 2927- level - Short Trader can place there stop loss if Reliance Industries Stock starts trading above 2973+ level
Breakout move - Long side movement expected in case Reliance Industries Stock starts trading and sustain above 2973+ level - Above this level Reliance Industries Stock can go upto the 3236+ level. - Intermediate resistance expected near 3145+ level - Long trader can place there stop loss if Reliance Industries Stock starts trading below 2956- level.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.