Sunandamedi

RELIANCE - WAIT FOR CLOSURE MORE THAN 1410!!

NSE:RELIANCE   RELIANCE INDS
TECHNICALLY RELIANCE HAD GENERATED A "SELL" SIGNAL ON 18TH APRIL.

HUGE GAP UP OPENING & BEING IN THE BULLISH ZONE CAN CHANGE THE STATUS OF THE SIGNAL.

BUT, PATTERN FORMATION IS SIMILAR TO H&S. (SHOWN ABOVE).

WAIT TILL 1410 IS CROSSED / CLOSED WITH VOLUMES.

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