RELIANCE

stock price analysis and range

On 7th April 2025, the candlestick formed was outside the lower band of the Bollinger Band which indicates that the stock price is trading at oversold zone After that, a sharp uptrend was seen on the stock price of

on 20 April it closes about 200 moving average On 5th May as the stock price started consolidating between the range of 1400 and 1460 The level of 1400 and 1460 will act as important support and resistance levels, respectively The investors should wait for the breakout from either support or resistance RSI is at 65