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Sunil_Choudhary

Reliance

Short
RELIANCE INDS (NSE:RELIANCE)  
Sunil_Choudhary Updated   
NSE:RELIANCE   RELIANCE INDS
short Bearish Patterns RELIANCE relianceindustries Daily Charts Moving Average Convergence / Divergence (MACD) macdivergence
3
0
short bearish reliance relianceindustries daily macd macdivergence
RIL looks weak. If it sustains 1320-30 levels then further upside. If it breaks below 1310 will take support at 1250.

Short RIL below 1310

Target 1: 1280

Target 2: 1250

Stoploss: 1325

R/R: 1:4

Regards
Comment:
Reliace at 1320 levels
Comment:
Made a low of 1320 and went up. We wait for 1320 to break.
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