RELIANCE INDUSTRIES LTD

Short

Reliance Daily candle resistance at 2450

Updated

Reliance daily looks week at current level around 2450

one can look in to short positional at current level

with the stop loss of 2500

target price 2100 and 1700

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2460 is double top for short term also

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one hour candle curve tool

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hourly setup

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short not executed because clearly seen that price not closing below the lower trendline

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first breakdown

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situation fully under control now

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2500 stop loss still protected as no daily closing above 2500

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trade running in profit for now

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2% profit riding currently

Trade closed: stop reached

closing above 2500 so stoploss triggered

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