RELIANCE update

RELIANCE have been constantly making Lower Lows for past several weeks and months.
This so far have been playing out according to our expectations.
We had our review here on 13th,JANUARY, Back then we had projected level of (2256) on downside.
STOCK have tested that and gone even below that significantly,
Infact it tested its 2022 lows of (2180) Yesterday,
Going forward we expect this stock to break (2180) and make fresh 52,week low

Our view here is bearish since early december.
From (2755) this has fallen down till (2180) and strange part is people are still bullish here.
We dont mind that, but in our opinion we can see this stock somewhere near (1960-2000)
For fresh entry all upsides till (2350) Should be utilized to sell.
If that doesnt happen then a daily close below (2150) would put it in lower square which would signal level of (2030) in near term.
Watch out for these levels.
Downside is not over yet.