RELIANCE 4Hour

89
📊 Current Snapshot

Current Price: ₹1,380📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading near short-term resistance.

RSI (14): Neutral zone.

MACD: Positive → indicating mild bullish momentum.

Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹1,385.50 with strong volume could target ₹1,390.00.

Bearish Scenario: Drop below ₹1,375.00 may lead to further decline toward ₹1,370.00.

Neutral Scenario: Consolidation between ₹1,375.00 – ₹1,385.50; breakout needed for directional move.

📌 Key Factors to Watch

Economic Indicators: Interest rates, inflation, and RBI policy updates.

Sector Performance: Trends in the energy and petrochemical sectors.

Global Cues: Global market trends, US indices, crude oil, and currency movements..90

Day’s Range: ₹1,375.00 – ₹1,385.50

Previous Close: ₹1,377.00

Opening Price (4H): ₹1,376.00

Volume: Approximately 371,445 shares traded

Declinazione di responsabilità

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