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drlalitkoli
Aug 20, 2021 8:07 AM

Reliance industries false invesrse head and shoulder pattern Short

RELIANCE INDSNSE

Description

Reliance industries has formed false inverse inverse head and shoulder pattern. with breakout of resistance at 2154 with bullish candle with good volume. However check its retracement with 2 red candles and one last bullish candle. All candles showing long upper candles which suggest bulls are getting weaker in breaking the resistance at 2200. Reliance
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