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Reliance Showing Early Signs of Top Formation

Short
NSE:RELIANCE   RELIANCE INDS
⚡️Early Signs of Top Formation

⚡️ Stage-4 may be confirmed below the 2000-2030 zone only

⚡️If it enters in Stage-4, it may go toward 1500-1600 zone

⚡️Except Covid Crash, first-time price sustained below 200 DMA &Weekly RSI below 40

⚡️ Looks like Reliance Chart follows 78-80 Week time cycle

⚡️The current time cycle is about to complete in next 2-4 weeks

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