marzil
Long

RELIANCE Potential Bounce at Demand Range

NSE:RELIANCE   RELIANCE INDS
RELIANCE looks primed for a bounce at green demand order-block.

Analysis -

  • Price about to enter demand zone (green).

  • Gap yet to be filled in supply zone (red).

  • Downtrend losing momentum in oscillators.

  • Bullish divergence on daily with several momentum oscillators, will post RSI div down in the updates.
Order cancelled: Got front-run.
Trade closed: target reached
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