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InvestPro_India
Dec 22, 2020 8:42 PM

Motabhai is in accumulation zone 

RELIANCE INDSNSE

Description

Everything is explained on the chart.

Happy Trading!
InvestPro India Team

Comment

We may get the trade in the next trading session, would update.

Comment

The stock has given the breakout.

Comment

Still not confirmed on the daily time frame.
Comments
sunilm123
I can see a tend channel if you draw from candle body to body. It shows that the upside breakout has already happened but is going in a downward trajectory taking resistance at the trend line you drew
InvestPro_India
@sunilm123, you are correct and that's why we have kept this on our watchlist. Thanks for your comment!
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