RELIANCE 1D Time frame

183
📍 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.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.