Reliance's 15-Min Chart Triggers Bollinger Bands Narrowing, Bearish Marubozu Pattern
ByAinvest
Wednesday, Feb 4, 2026 2:03 pm ET1min read
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According to Reliance's 15-minute chart, a narrowing of Bollinger Bands and a bearish Marubozu pattern occurred at 14:00 on February 4, 2026. This suggests that the magnitude of stock price fluctuations has decreased, indicating that sellers are currently in control of the market. Consequently, it is likely that bearish momentum will continue.
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