Reliance Positional Head & Shoulder Pattern CMP is 787

Reliance is expected to take initial support @ 784 and further trading below Neckline support is seen @ 764 on closing basis. If this support is further broken then Head & Shoulder Pattern breakdown is confirm which will bring it to first target of 670 and then after short consolidation will bring it further down to test 588 which is the height of the head as the actual target after the break down.