Reliance Retraces to Key Resistance Level: Potential for Upside

٥ يوليو ٢٠٢٣

Reliance has retraced to a significant hourly resistance level. There is now a potential for an upward breakthrough, aiming to revisit the previous swing high formed on the daily timeframe near 2760. However, it is crucial to await confirmation of a breakout before assuming this formation.