In long term I can see that reliance infrastructure bottom is not come. Consider to watch the chart, It make a pattern.
What is pattern?
is a continuation pattern. The pattern is usually observed in a downtrend. There are few instances the pattern is seen during an uptrend acting as a reversal pattern but is considered as a regardless of where it occurs. The is also known as right angle triangle because of it shape. The horizontal line acts as a zone of support. It is as if there is heavy buying interest at this level preventing the stock from falling further. It is the lower highs along the declining that signals greater selling pressure and gives the pattern its feature.
The technical target is arrived at by computing the vertical height of the pattern and adding this height to the breakout point. It can also be computed by drawing a line parallel to the base of the triangle through the trough of the first correction.