Reliance sideways underperformance

٢٦ أبريل ٢٠٢١

Stock has been underperforming in sideways to bearish mode, volumes very much dry but possible short term bounce back towards trendline.

٢٦ أبريل ٢٠٢١

ملاحظة

Bounce back towards trendline happened in this chart.

٢٨ أبريل ٢٠٢١

ملاحظة

Reliance bounced back move above trendline towards 1994(near 2000) levels. above 2000 possible a follow up breakout, till then expect resistance near this.