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manavtechresearch
May 8, 2020 6:46 AM

INTRADAY TRADE IN RELIANCE FUT Short

NSE:HINDUNILVR15
HINDUSTAN UNILEVERNSE

Description

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INTRADAY TRADE IN RELIANCE FUT
SHORT@1561
STOP@1571
TARGET@1546
QTY=1500
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!

Comment

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sorry for the chart display it shows hul where in the trade is of reliance

Trade active

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!!PLEASE CLOSE THE TRADE BY 3:15/3:20!!
!!NOTE THAT RELIANCE IS NOT A CARRY FWD TRADE!!
Trend AnalysisChart PatternsBeyond Technical AnalysispriceactionpriceactionanalysispriceactiontradingfuturesintradayintradaytradeRELIANCErelianceindustriesreliance_short
Comments
pannkajrchopra
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Can we Short RIL positionally ???
manavtechresearch
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@pannkajrchopra, no pankaj this stock is seeing profit booking for now so we had modest targets in mind it has the potential to cross 1602 in short-term or even test new highs please check my previous two post of reliance yesterday
pannkajrchopra
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@manavtechresearch,Thanks for the prompt reply ...
pannkajrchopra
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Hey ,, the chart posted by mistake is HUL.... Fab analysis ...
manavtechresearch
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@pannkajrchopra, yeah sorry just checked!!
pannkajrchopra
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@manavtechresearch, Cheers ...
manavtechresearch
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@pannkajrchopra, sure it looks like its head towards 1585
for the day
wadhwaamit4
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@manavtechresearch, Sir but you gave us intraday short with SL 1571...
manavtechresearch
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@wadhwaamit4, see the view was clear that if it crosses our stop then the stock could move towards 1585
but our stop is holding so its a good thing
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