TradingView
IIT-Trader
Jun 20, 2023 1:22 AM

RELIANCE--2500 or 2400 ?? 

RELIANCE INDSNSE

Description

Observations::

----the stock is in the resistance zone...where previously strong sell of is observed in this zone..

today a strong bearish candle is observed from this zone..
If price fall below 2500 zone, and not able to break 2600, then look for sell in these zones.
(2520-2500 range)

If price is not able to break above after taking support from 2520-2500 levels, short side up to 2400.

More