RELIANCE divergence in Monthly TF

٢١ يونيو ٢٠٢٠

There is a divergence in monthly TF. Nothing can be predicted for RELIANCE. Anything can happen. But as per the charts, there is a divergence which is not good for new investments as old/big investors will offload their shares. Even the candle formation is outside the upper bollinger band which suggest the price may retrace down.