RELIANCE (Daily futures chart) : SHORT
Updated
Recently the price have made a new all time high. Now all the news has factored in the price of stock. OI at 1700CE is increasing which acts as a resistance level for stock. Price has also made a Short hook setup at top with RSI in over bought levels. We can short the stock when we get the opportunity at right price. Maintain strict SL
Trade closed: stop reached
Stoploss triggered. Its part of game, dont worry for it.
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