Reliance clearly not able to sustain above the highs, and has been consolidating inside the Q2 range till now.
This indicates weakness, and hence expecting it to give a follow through to the downside.
As the dollar rising puts further pressure on crypto, ETH signally weakness. I expect 1150-1300 as the downside target for the time being and the upper limit of 1700 to hold as resistance until we reach our downside targets.
After almost a V-Shape recovery in the stock, it reached the point of resistance and now showing it's reaction. Expecting a follow through to the downside with 150 as the first target.
On the announcement of merger between HDFC and HDFC Bank, the stock made a climax top and has been trading below it ever since. Expecting a follow through to the downside with 1150 as my first objective.
