Reliance Industries Share to have a downfall trend on monday

16 Oca 2021

This stock is likely to go down on monday ( 18 Jan ) as the price has broken the convergence of 2 trend lines towards the down. Moreover the Red Candle body has been cut with the closing price below the converging trend lines. Apart from this the total rise in the stock as shown by red lines is 4.45 units compared with the net fall of 1.85. This is 42 % Fall. A fall more than 30 % has much lower probability of upward correction