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vikramsthakkar
Dec 21, 2017 7:01 PM

Reliance(913): #MakeOrBreak??? 20DMA50DMABroken Short

RELIANCE INDSNSE

Description

Pattern within pattern

Reliance has been trading within
Ascending triangle cum small pennant as
marked on charts Interestingly RSI is
also in symmetrical triangle pattern
Watch out for RSI confirmation of breakdown

In case 908-910 is breached expect profit booking upto 895-870
Immediate resistance @ 928-938, till these levels
are not crossed expect lower levels to be
revisited
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