blueyeti

SHORT

Short
blueyeti Updated   
NSE:RELIANCE   RELIANCE INDS
Reversion to WMA may happen twice since the stock has been over 200WMA for about 200 days.

This has happened in the past. SL 960, Target 890.

Beware of volume spikes in next 2 - 6 trading days.
Trade closed: target reached:
Trade closed @900. Target reached.

Expect further downward pressure
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