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THREETREND RESEARCH

6th Sep · SEBI Registration INH000022729

Horizontal Trendline Support Zone chart details

RCOM
The ₹0.75–₹0.76 zone is acting as an important horizontal support zone in Reliance Communications. Price has tested this area multiple times around March–April and again during the recent decline, showing that buyers are defending this level. The repeated reactions from the same price area make it a significant demand/support zone. As long as the stock sustains above this zone, a short-term recovery or bounce can remain possible. A decisive breakdown below ₹0.75 with strong selling pressure could weaken the structure and open the possibility of further downside chart is attached for educatiional purpose detailed attached attached explanantion so that you can go throgh it for learning purpose

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