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RELIANCE--Double Top Formation??

RELIANCE INDS (NSE:RELIANCE)  
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NSE:RELIANCE   RELIANCE INDS
Trend Analysis Supply and Demand Support and Resistance RELIANCE relianceindustries reliancetrade relianceforecast reliancelong reliancebuysetup relianceanalysis relianceshort reliancestock
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trendanalysis supplyanddemand supportandresistance reliance relianceindustries reliancetrade relianceforecast reliancelong reliancebuysetup relianceanalysis relianceshort reliancestock
------->>----->> Can we consider this as double top ??
------>> Failed to create a new high and falls heavily to the below levels.
if demand acts as supply @ 2470-2460 levels, we will observe a fall again towards 2420 and 2370 levels.
@ 2370 Levels we have identified a strong rise in this stock price, will again push the price towards higher levels.
keep track these two levels.
Comentário:
Price reversal from zone, keep track this, more fall or rise.
snapshot
Comentário:
it is trading in range, wait for breakout or breakdown
Comentário:
Comentário:
demand zone takes the price up to the resistance level again. Will wait for breakout or reversal.
snapshot
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