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kalyanganguly

Reliance Industries - Bounce on 21 EMA

Long
RELIANCE INDS (NSE:RELIANCE)  
kalyanganguly  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns Technical Indicators RELIANCE relianceindustries reliancetrade relianceforecast reliancelong reliancestock reliancebuysetup reliance-chart RELIANCE-TRADE
13
2
trendanalysis chartpattern indicator reliance relianceindustries reliancetrade relianceforecast reliancelong reliancestock reliancebuysetup reliance-chart reliance-trade
Note: This is for educational purpose only. Do not trade in F&O based on this analysis.

21 EMA has acted as a dynamic support previously. There seems to be a bullish bounce from 21 EMA again. Moreover, there seems to be a bullish trendline breakout in RSI as well. RSI above 60 indicates bullish momentum.
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