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TanujaK

#Reliance downtrend movement with risk:reward 4

Short
RELIANCE INDS (NSE:RELIANCE)  
TanujaK  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Technical Indicators Chart Patterns RELIANCE relianceindustries reliancetrade relianceforecast relianceanalysis relianceshort reliancesell reliancetradesetup reliancetrading
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trendanalysis indicator chartpattern reliance relianceindustries reliancetrade relianceforecast relianceanalysis relianceshort reliancesell reliancetradesetup reliancetrading
#Reliance downtrend movement with risk:reward 4

Symbol: Reliance
Time frame :4-hours chart
Analysis breakout from the symmetrical Triangle
Downtrend Movement
Checked the conditions for moving average, RSI and volume
Sell at 2196 with this stop loss 2295 and target 1830

HOPE our analysis is adding value to your Stock market trading Journey.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
#stockmarket, #sensex, #bse, #sharemarket, #nse #reliance
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