Reliance Setup: Confluence Zone Signals Potential UpsideReliance Industries LimitedNSE:RELIANCEFiveCircles Reliance – Technical View Reliance has shown an initial structure breakout, indicating emerging strength. However, for safe traders, it is advisable to wait for a clear confirmation breakout above the confluence zone. Key Resistance Zone: 1435 – 1445 This range is crucial as it aligns with both: • Channel resistance • Fibonacci retracement level Breakout Scenario: A decisive move above this zone can open the path towards 1480 and 1540 levels. Wait for confirmation, trade with discipline, and follow the structure.