RELIANCE COMM Daily NSE Stock Chart Technical Analysis:
Reliance showed a fall today but overall continued the sideways movement it has displayed since the past 7 days.
Close & CMP: 93.15
Market Outlook:
- It seems like the price has found a bottom at Rs 90.
- If 90 is broken, the next support is in the range of 81-84.
- भाव आज फिर गिरा लेकिन ९० के सुप्पोर्ट के नीचे नहीं गया. ८ दिन से रिलायंस कोम्युनिकेशन ९० पर सुप्पोर्ट ले रहा है. अगर इस से नीचे गया तो अगला सुप्पोर्ट ८१-८४ के बीच में मिलेगा.
Technical Indicators:
- Heavy trading in a sideways price movement with oversold indications, and a bearish engulfing pattern today. Tweezers candlestick formations have occurred since 8 days showing the good support that Rs 90 price level is providing. The MACD histogram has shown an upward movement in the past week, which is a positive aspect that denotes that the bulls are not totally out of power.However, there is a probability this might be breached if NIFTY continues to fall.
RELIANCE COMM Daily NSE Stock Chart Technical Analysis
No comments:
Post a Comment
Post comments to share your thoughts and interact with me. Communication from you inspires me to keep posting !