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Nifty Energy Index
Short

Energy has exhausted its energy to sustain in Market.

By Saket_Ojha
With the help of parallel channel and flag pattern, Nifty Energy is clearly showing downfall which will lead to shares likes Reliance Industries, ONGC, HPCL, Gail etc will also show weakness in the coming days. Traders can look for some shorting opportunities in these shares. This analysis is also supported by the ongoing news of diverting oxygen from industries to the RELIANCEmedical health care system.ONGCGAIL
Chart PatternsEnergy CommoditiesGAILhpclNIFTYONGCRELIANCEshortsetupTrend Analysis
Saket_Ojha
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