I will start from the beginning
1) We can see its a uptrend which means buyers are still in the control
2) Now we can the by the lines (blue and green) that its turning into a range,and you might ask why is this happening and the answer is simple because in an uptrend we need a higher high sequence and in this case of Reliance its not happening but its trying again and again thats why a range is form.
3) Now we will have to wait and watch and see what happens,and i want to repeat this again that Buyers are still in control and they are maintaining their grounds ok.
Thank You
1) We can see its a uptrend which means buyers are still in the control
2) Now we can the by the lines (blue and green) that its turning into a range,and you might ask why is this happening and the answer is simple because in an uptrend we need a higher high sequence and in this case of Reliance its not happening but its trying again and again thats why a range is form.
3) Now we will have to wait and watch and see what happens,and i want to repeat this again that Buyers are still in control and they are maintaining their grounds ok.
Thank You