📍 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.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.