I believe there is a very high chance that Reliance will break this trendline this time. Reliance has been following this trend line Since JAN 2021 and till then it has been tested 2 times
April 2021 Sep 2022 and this is the third time Jan 2023 Demand on trendline has been reduced significantly.
So the Break of the trendline can happen and bears Can take full control. and and the price is trading below POC too.
It's just for educational purpose, and not intended to trade until the Breakdown happens.
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Reliance Trendline Gone
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Go Goa Gone Reliance Gone
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The price is coming to the support zone. Be careful to Reliance now
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