bijoy2526

RELAINCE high time for its break out.

NSE:RELIANCE   RELIANCE INDS
its stochiastic readings are so low in weekly time frame
even during march 2000 such readings were not there.
Consecutive two NR7 weeks and two consecutive inside bar day and
NR7 day have occurred incase of Relaince.
It has not touched lml of the pitchfork inspite of this low readings in stochiastics.
It appears any positive break out will take it to the median line even break it to travel higher.
Some decisions in case of windfall tax in favour of Reliance will be favoourable for it.
This is my analysis not any trading recommendation.
This analysis will be negated if reliance breaks 2360.
Don't forget to like this post.and follow me to get updates.
Please go through my past posts of reliance attached here with.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.