TradingView
RoyRishu
May 12, 2020 6:32 PM

RELIANCE going to 1416 for ( twomorrows market will decide ) Short

RELIANCE INDSNSE

Description

RELIANCE is going to 1416 i would say 1370-1330 ( 1330 which is 38.2% ) Fib level
twomorrows market will be a deciding factor in my opinion but i am bearish about this and think it can go down
william% is oversold on daily time frame

PLEASE MARK IF THERE IS ANY MISTAKE AND TELL ME STOCKS THAT I SHOULD ANALYSE

Comment

next 1416 is coming

Trade closed: target reached

Comment

TWOMORROW WE CAN SEE SOME UPWARD MOVEMENT BEFORE GOING DOWN WE CAN SEE 1370 TO 1363 TO 1336 COMING
Comments
ND024
what do you think is a good buy price for reliance, I think it will touch 1380
RoyRishu
@ND024, i would say the range between 1370 to 1330 i may be wrong but this is what i think
twomorrow this will again test 1450 or the resistence above that before coming down
ashoksamuel02
Tomorrow is a gap up opening.
RoyRishu
@ashoksamuel02, yes most probably gap up opening will be there but closing will decide actually what will happen
ashoksamuel02
@RoyRishu, Even I'm bearish on RIL
RoyRishu
@ashoksamuel02, let's see what happens because it can't cross its all time high by such small correction but we never know market can do anything
RoyRishu
@RoyRishu, i think if it does't breaks 1527 it is a sell twomorrow also going to 1464
More