RELIANCE HAVING DOUBLE TOP IN SHORT TIME FRAME

NSE:RELIANCE45

RELIANCE INDSNSE

Description

⋅ Jul 15, 2020 3:53 AM

Comment

⋅ Jul 15, 2020 4:55 AM

tried third time to breach it lets wait

Comment

⋅ Jul 15, 2020 6:19 AM

beautiful brkout

Comment

⋅ Jul 15, 2020 6:45 AM

again came where it started :)

Comments

Learner_Nick

⋅ Jul 15, 2020 10:49 AM

and it broke down after that, people who would've taken fresh long above 1948 would've been smashed !!

UnknownUnicorn6418960

⋅ Jul 15, 2020 11:35 AM

@Learner_Nick, 1800 stoploss

Learner_Nick

⋅ Jul 15, 2020 11:44 AM

@WILYTRADER2020, and what is your risk reward calculation?
1950-1800: 150 points loss
Even at 1:1, Reliance should reach 1950+150 = 2100.
At 1:2, target should be 2250 !

Or you expecting it to go even higher in next few days?

UnknownUnicorn6418960

⋅ Jul 15, 2020 2:21 PM

@Learner_Nick, max target for me was 2058 but it fell 4% dont know why it might be news based investors did not like something in agm meet i guess:)

UnknownUnicorn6418960

⋅ Jul 15, 2020 2:24 PM

@Learner_Nick, even google will invest 33k crore still it fell may be manipulation by big players

Learner_Nick

⋅ Jul 15, 2020 3:23 PM

@WILYTRADER2020, yes it is manipulated and highly so.

rajiv_n

⋅ Jul 15, 2020 4:24 PM

@WILYTRADER2020, Yes pure manipulation .. i expect this should rally in next couple of session..

anoopraj5

⋅ Jul 15, 2020 5:57 PM

I think after double top there is a reversal