RELIANCE INDUSTRIES
according to my analysis RELIANCE INDUSTRIES will go down ...
As in analysed using the candlesticks chart ..it is showing a doji candlesticks ..it means that from that point market will reverse ..and it is reversing
and i also analysed it using RSI indicators ...RSI is more that 70 .yesterday ...it means it is in overbought condition ...and today we can see that it is going down
I also analysed it using stochastic indicators ...from this i analysed that blue line is below the orange line ..it means that it will go down ....
As in analysed using the candlesticks chart ..it is showing a doji candlesticks ..it means that from that point market will reverse ..and it is reversing
and i also analysed it using RSI indicators ...RSI is more that 70 .yesterday ...it means it is in overbought condition ...and today we can see that it is going down
I also analysed it using stochastic indicators ...from this i analysed that blue line is below the orange line ..it means that it will go down ....
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