Will Reliance retests 1600 levels?

As the markets are making new highs, Reliance is still struggling to position itself. In fact, it is breaking down. Previously Reliance has shown reversal near 1800 and again it's trading near that level, do this time it will reverse or will retest 1600?

This analysis is done only for educational & intelligence purposes, invest or trade at your own risk
LONGpradumnasarafRELIANCErelianceindustriesrilshortSupport and ResistanceTrend AnalysisTrend Lines

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