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Pattern_Study
Nov 27, 2020 1:06 PM

Reliance - Downward Journey Starts Short

RELIANCE INDSNSE

Description

Finally Reliance cleared it's direction after three Dojis towards down side by breaking all three Doji lows of 1920 in intrady and RSI is now below 40 again.

It's all set to test recent low of 1835 on Tuesday itself and then next two are fibo Retracement levels of:
61.8% - 1795
50% - 1680

Excellent buying opportunity below 1680 once RSI starts the Support sign.
Comments
prspum
Wrong analysis. 2100 is coming soon
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