📍 Current Price Context
Trading around ₹1,386
Price is near a resistance zone → important level to watch.
🔍 Key Levels
Immediate resistance: ₹1,380–₹1,390 (current zone)
Next resistance: ₹1,420–₹1,450 (if breakout happens)
Immediate support: ₹1,350–₹1,360
Stronger support: ₹1,320–₹1,330
📊 Indicators & Trend
Price is just below resistance, so breakout or rejection will decide the move.
RSI near neutral → neither overbought nor oversold.
Structure looks range-bound, but slightly bullish as long as it holds above ₹1,350.
🔮 Possible Scenarios
Bullish breakout → If Reliance sustains above ₹1,390–₹1,400 with volume, next upside target is ₹1,420–₹1,450.
Sideways move → May trade between ₹1,350–₹1,390 until momentum builds.
Bearish pullback → If it fails at resistance, price could slip toward ₹1,350, and if broken, then ₹1,320.
👉 At the current level (₹1,386), Reliance is at a decisive zone. Breakout above ₹1,390 will be bullish, while rejection could send it back to supports.
Trading around ₹1,386
Price is near a resistance zone → important level to watch.
🔍 Key Levels
Immediate resistance: ₹1,380–₹1,390 (current zone)
Next resistance: ₹1,420–₹1,450 (if breakout happens)
Immediate support: ₹1,350–₹1,360
Stronger support: ₹1,320–₹1,330
📊 Indicators & Trend
Price is just below resistance, so breakout or rejection will decide the move.
RSI near neutral → neither overbought nor oversold.
Structure looks range-bound, but slightly bullish as long as it holds above ₹1,350.
🔮 Possible Scenarios
Bullish breakout → If Reliance sustains above ₹1,390–₹1,400 with volume, next upside target is ₹1,420–₹1,450.
Sideways move → May trade between ₹1,350–₹1,390 until momentum builds.
Bearish pullback → If it fails at resistance, price could slip toward ₹1,350, and if broken, then ₹1,320.
👉 At the current level (₹1,386), Reliance is at a decisive zone. Breakout above ₹1,390 will be bullish, while rejection could send it back to supports.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.