IIT-Trader

RELIANCE-- Rise or Fall ??

IIT-Trader Updated   
NSE:RELIANCE   RELIANCE INDS
Observations:
-------->>the stock is trending upwards.
-------->> We have observed that the price is near trendline.
--------->> Previously a strong fall is observed from the zone 2460-2445.Price broken the resistance and If the same zone is acts as support we will observe again upwards in reliance up to 2490 levels and above.

Keep an eye on these levels.

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Comment:
After broken the resistance price is completely in a range bound, will see tomorrow breaks below or above.
Comment:
opens at demand zone. careful here.
Comment:

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