RELIANCE INDUSTRIES LTDUpdated Reliance 13 July: Next week prediction Short/Bearish next week
RELIANCEReliance Bear Might control/Short Next week
Reliance downward swing angle match upside. Next week expect profit booking/shorting. Caution: Fresh Long position should be with stop loss
Note
Look at technical analysis chart Due to resolution it does not show correct at top
Trade closed: stop reached
Technical analysis based on previous trend failed due to1. Market/Nifty went strongly bullish
2. Bank/Security market bulls lobbied (HDFC Sec, Fin firms)
2. Reliance announcemen well planned as KOI 501 announcement and result on 26 july
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