RELIANCE 1D Time frame

49
Current Status

Price is around ₹715

The stock has been showing strength recently, with many of its moving averages (short- to long-term) supporting the rise.

Technical indicators like RSI, MACD, ADX etc. lean positive — buyers seem to have the upper hand.

There’s an inverted Head & Shoulders pattern forming, which is a bullish reversal signal if confirmed. Support zones are holding up so far.

Bullish Scenario

If Tata Motors stays above ₹700–705 support and breaks past ~₹720–725 with volume:

Possible upside to ~₹730-₹740

Penafian

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