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NeeteshJain
Oct 21, 2016 9:26 AM

Reliance Capital Cracks Out (Symmetrical Triangle) Short

RELIANCE CAPITAL LTD.BSE

Description

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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