RELIANCE IND
MIGHT FACE RESISTANCE AROUND 1500-1540 AND RETRACEMENT
REASONS
- RSI OVERBOUGHT
- LONG UPPER WICKS SHOWING SELLING PRESSURE
- AT UPPER PARALLEL CHANNEL
- QUARTERLY RESULTS ARE BAD - REVENUE DECLINED PROFIT DECLINED
MIGHT FACE RESISTANCE AROUND 1500-1540 AND RETRACEMENT
REASONS
- RSI OVERBOUGHT
- LONG UPPER WICKS SHOWING SELLING PRESSURE
- AT UPPER PARALLEL CHANNEL
- QUARTERLY RESULTS ARE BAD - REVENUE DECLINED PROFIT DECLINED