Relinace readying for a move?

All observations on chart.

Dotted arrow: Lows shifting higher in indecisive zone.

Strictly Enter when it breaks the Indecision zone.

My conviction & other observations says it will be on higher side of the zone.

Uwaga

If breaks on upside, should also sustain above 2085 which is large red body candle high.

there other observations on daily charts, but it will be too much confusing for viewers.

Uwaga

Simpler terms, wait of either side move in weekly and keep sl at Upper/lower end of the zone

Uwaga

Sorry for the mess. please check daily observations below.

Uwaga

Now as oer main idea, we got a closing above 1980 levels, closing above 2085 would have been much much better. Yesterday was a good enetry for partial quantity or even daily close above 1980.

We got a closing above 8 weeks high also 😍

Overall we can say reliance is ready for bullish move. 😃

Uwaga

View failed Miserably, back in the no trade zone.

Uwaga

1798 and 1835 very very important levels for Reliance

varadtambolkar

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