Reliance share price is facing heavy resistance in the 2400 level. Looks like the big players in the market are having trouble pushing the price up anymore.
Looking at the daily chart's price action, you can see a lot of rejection near the 2370 level.
So, expect a decline in the stock price of reliance very soon. The target for sellers is 2000 level.
Buyers, on the other hand must wait for a correction to the 2000 level before thinking about buying.
Looking at the daily chart's price action, you can see a lot of rejection near the 2370 level.
So, expect a decline in the stock price of reliance very soon. The target for sellers is 2000 level.
Buyers, on the other hand must wait for a correction to the 2000 level before thinking about buying.