Reliance Industries is currently approaching its previous breakout zone, and in today's session, the price is attempting to sustain its retest zone while finding support from the 200 EMA (Exponential Moving Average). If the price breaks down below this zone, it could create a short opportunity for traders. On the other hand, if the price sustains above the support zone and the 200 EMA, it may present a favorable condition for traders to go long.
