Reliance Industries Limited
Long
Updated

RELIANCE: At Crucial Levels! Expecting to bounce back!

800
⚡ Price Analysis:
1️⃣ Price structure is still not bullish need confirmation.

2️⃣ Strong candle formation near the demand zone.

3️⃣ Price needs to HOLD above 1,310 for a strong bull rally to kick in!

⭐ Key Observations:
➡️ Major support area so expecting the price is start bounce back

➡️ Aggressive entry can be planned since confirmation is still pending

➡️ PERFECT Risk-Reward Ratio (RRR) with a very small risk – golden chance!

⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️

🍀Cheers! 🔥
Trade active
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18% running

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