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NeeteshJain

Reliance Capital Cracks Out (Symmetrical Triangle)

Short
RELIANCE CAPITAL LTD. (BSE:RELCAPITAL)  
NeeteshJain  
BSE:RELCAPITAL   RELIANCE CAPITAL LTD.
Symmetrical Triangle reliancecapital
2
0
symmetricaltriangle reliancecapital
It is been observed that the price action forms a symmetrical triangle where the seller put their dominance and breaks to downside of the triangle. It is assumed that the price action shall further move down and reach to previous support levels.

Target: 528
Stoploss: 548

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