Reliance – Technical View
Reliance has shown an initial structure breakout, indicating emerging strength.
However, for safe traders, it is advisable to wait for a clear confirmation breakout above the confluence zone.
Key Resistance Zone: 1435 – 1445
This range is crucial as it aligns with both:
• Channel resistance
• Fibonacci retracement level
Breakout Scenario:
A decisive move above this zone can open the path towards 1480 and 1540 levels.
Wait for confirmation, trade with discipline, and follow the structure.
Reliance has shown an initial structure breakout, indicating emerging strength.
However, for safe traders, it is advisable to wait for a clear confirmation breakout above the confluence zone.
Key Resistance Zone: 1435 – 1445
This range is crucial as it aligns with both:
• Channel resistance
• Fibonacci retracement level
Breakout Scenario:
A decisive move above this zone can open the path towards 1480 and 1540 levels.
Wait for confirmation, trade with discipline, and follow the structure.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
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@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。