RELIANCE INDUSTRIES UPDATE

gann analysis 1 Minute

RELIANCE INDUSTRIES UPDATE

RELIANCE INDUSTRIES has fully validated the mid-October bullish view by conquering both the 1470 and 1520 targets, marking a powerful technical achievement. The entire focus now shifts to the immediate requirement for the next phase of the rally: achieving a decisive daily closing price above ₹1520 on a cash basis. This confirmation will serve as the immediate trigger to inject fresh momentum, pushing the stock toward the projected targets of ₹1566 and subsequently ₹1610 in the coming days. The technical structure confirms that the ₹1520 level is the primary short-term launchpad for the next surge, and clearing it decisively is the essential step for RELIANCE to continue its strong upward trend.

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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