Reliance Industries – 1D Chart Update
RELIANCE
Stock is trading near a major demand zone around 1,350–1,340, after sharp rejection from 1,600 levels.
Structure remains weak with lower highs formation below 1,472 and 1,539 resistance.
Key Levels:
Resistance – 1,412 / 1,472 / 1,539
Immediate Support – 1,339
Major Demand Zone – 1,350–1,340
Sustained hold above 1,350 can trigger technical bounce.
Break below 1,339 may extend downside pressure.
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Disclaimer:
SEBI Registered Research Analyst. This content is strictly for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.
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