While updating Reliance were trading at 1490 and marked a high of 1497.50
As per technical chart, Reliance is facing a trend line resistance around 1505
After result (last Thursday), stock consolidated around 1440-1485
Now stock came near by three month resistance zone, Once if breaks and holds above
We see more rally up to 1530 and 1550
Suppose if not breaks 1505 and if comes selling pressure will take supports 1445, 1420 and 1390.
Watch @ 1505
Updated : 02.06 PM / 07th May 2020
