#Reliance Industries (RELIANCE) — Short Analysis
Price according to the screenshot: ₹1,169
Trend: Currently in a downtrend, as the chart shows consecutive lower highs and lower lows.
Support: Approximately ₹1,150–₹1,160.
Resistance 1: ₹1,200–₹1,205.
Resistance 2: Approximately ₹1,280.
🟢 Bullish: A strong breakout above ₹1,205 could bring a rally.
🔴 Bearish: A break below ₹1,150 could lead to further declines.