RELIANCE INDUSTRIES
BULLISH VIEW :-
If the underlying stock cross over "2350",Its good for the bullish momentum and can be seen as bull continuation started from 2017.
NEUTRAL VIEW:-
If the underlying stock fail to break the resistance level of "2350" ,It might retest descending line for future support.
BEARISH VIEW :-
If the underlying stock fail the crucial support of "1830" ,the stock enters a bearish sentiment.
MY VIEW:-
I see the current consolidation as accumulation phase , there might be a imminent breakout around the corner.
If the underlying stock cross over "2350",Its good for the bullish momentum and can be seen as bull continuation started from 2017.
NEUTRAL VIEW:-
If the underlying stock fail to break the resistance level of "2350" ,It might retest descending line for future support.
BEARISH VIEW :-
If the underlying stock fail the crucial support of "1830" ,the stock enters a bearish sentiment.
MY VIEW:-
I see the current consolidation as accumulation phase , there might be a imminent breakout around the corner.
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