Offerte Cyber MondayFino al 70% in meno
RELIANCE INDUSTRIES LTD

Reliance outlook

Di duraim
Aggiornato
On Fibonacci retracement Reliance is nearing 50% retracement level. Upon crossing this level, Reliance can be expected to reach Rs.945.
Nota
Although Reliance did not hold the 50% retracement, it closed above the trend line. And as we have MACD crossover, it can be expected to reach Rs.945 in the near term.
Nota
Today, we saw the price moving down from the 50% level. Tomorrow, we will have clear idea about the movement
Nota
Reached our target. As it closed above 950, we can expect it to reach 965(78.6% retracement level in the Fibonacci)
Nota
As RELIANCE has closed below 23.6% on Fibonacci, we can expect it to reach 870 levels on the downside
Chart PatternsTrend Analysis
duraim

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