RELIANCE // Levels // 1 hour

12 בספט׳

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RELIANCE on a 1-hour timeframe

Support Levels: These are price points where the stock has historically shown buying interest and reversed upward. Look for recent lows where the price has bounced back. For example, if RELIANCE recently found support around ₹2,400, this is a key level to watch.

Resistance Levels: These are price points where the stock has faced selling pressure and struggled to move higher. Identify recent highs where the price has faced resistance. For instance, if the stock faced resistance at ₹2,500, this would be a significant level.

Support Levels:

₹2,920
₹2,900
₹2,880

Resistance Levels:

₹2,950
₹2,970
₹2,990