RELIANCE : CONTRA VIEW
1. ovesold as of now ..
2.RSI divergence...set up might fail tooo...thts y wait for confirmation....
3. short below red TL for black TL n below...
4. dont short early though entry can b taken when 20 MA is broken on hourly charts(big momentum red candle)...
5. keep it on watch list...
Disclaimer: no posns but in future may b ..
2.RSI divergence...set up might fail tooo...thts y wait for confirmation....
3. short below red TL for black TL n below...
4. dont short early though entry can b taken when 20 MA is broken on hourly charts(big momentum red candle)...
5. keep it on watch list...
Disclaimer: no posns but in future may b ..
Note
1540 CE also showing weakness .. Can be shorted below 13.5 also ....
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