Classic Example of Resistance became Support
CHART -> RELIANCE WEEKLY SETUP
As seen per the chart we are seeing a range of 2250 to 2325, was a previous resistance for Reliance and after the Breakout has been done, now in this correction that range is acting as it's support.
This for educational purpose only.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
As seen per the chart we are seeing a range of 2250 to 2325, was a previous resistance for Reliance and after the Breakout has been done, now in this correction that range is acting as it's support.
This for educational purpose only.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
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