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RELIANCE INDUSTRIES LTD
Short

RELIANCE TARGET HIT | TRADE SETUP 28-07-2021

By Trading_hawk
Updated
RELIANCE

Reliance gave a good opportunity to short below 2070 level and hit our first target at 2055.

Trade Setup for 28-07-2021.
Today at the end of the day closed in the rage of our first target on short side 2055. Now this level will work as our entry level for short side.
If it takes the resistance from this level and then our next target for the short side will be 2035. I don't see any movement below 2030 at this moment in Reliance.

Hope you had a good profit from this trade today. Do comment if my ideas are helping you to understand trend, levels and price action.

Let me know if you have any doubt or suggestion.
Trade closed: target reached
Target 2 achieved. Now there will be game to play between levels until there will be a good move on either side.
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Trading_hawk
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