RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis:
The price had a fall throughout the day, opening at 174.8 and closing at CMP 169.9
Market Outlook:
- Price is close to support lines at CMP and so what happens on Monday will lead to further clues.
- No buy-sell signals today.
Technical Indicators:
- Fibonacci 50% support @170, and then further below at 160.5
- There are also long terms diagonal lines of support and resistance as visible on the chart.
- All moving averages are above the CMP.
- The RSI is close to oversold levels, indicating price fall could slow down soon.
RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis
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