Reliance Weekly Time Frame Analysis
Current Trend:
1) moving in uptrend parallel channel and at bottom of parallel channel
2) MACD -Some weakness print in histogram. But confirmation not yet(cross over required)
3) at 0.786 level of support
Once it breaks 1Hr Consolidation we can turn bullish on Reliance with First target of 2440
Target to be watch:
Support :
once this level is broken(2300) we can except Reliance turned bearish
Resistance:
First level of Resistance @ 2720 level .
candle Formation: Doji at support followed by two Bullish candle.
1) moving in uptrend parallel channel and at bottom of parallel channel
2) MACD -Some weakness print in histogram. But confirmation not yet(cross over required)
3) at 0.786 level of support
Once it breaks 1Hr Consolidation we can turn bullish on Reliance with First target of 2440
Target to be watch:
Support :
once this level is broken(2300) we can except Reliance turned bearish
Resistance:
First level of Resistance @ 2720 level .
candle Formation: Doji at support followed by two Bullish candle.
Publikasi terkait
Pernyataan Penyangkalan
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.