RELIANCE INDUSTRIES LTDViés de baixa
REL price target 2200
With inverted cup and handle along with converging triangle coming from all-time high supported with RSI momentum. It has multiple resistance with less frequent supply zones points me to say REL would see a move downside within this month.
The only indicator not in line with my analysis is its lowering volume.
Still good to keep an eye on it.
The only indicator not in line with my analysis is its lowering volume.
Still good to keep an eye on it.
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