tanya151181

Weakness in the KING!

Short
tanya151181 Updated   
NSE:RELIANCE   RELIANCE INDS
Reliance is exgibiting multiple bearish patterns:

1. It is making a head and shoulder pattern

2. It broke the strong lower trendline and has taken a support on previous support level and 200 EMA

2300-2305 is crucial level - sell below 2300 for positional targets of 2250 and 2200.

Learn & Earn,

Dr. Tanya Kumar

Comment:
Never broke 2300 and taking support

Trade closed manually:
Looking good on buy side now


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