The entire trading community might be bullish on this, I am not at this stage. Understand the analysis below. I will only be bullish in one case, stated below.
Reliance is at a long term trendline.
However, if you try to read the chart, it does not seems to show an......read more
Monthly chart- Price is bounces from an area after retest, which was a resistance in 2011. It gave a breakout after 9 years. Now retesting (Attachment 1)
Weekly Chart - Forming inverted head and shoulder pattern. Waiting for breakout. (Attachment 2)