RELIANCE INDUSTRIES LTD
Short
Updated

Weakness in the KING!

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

Note
Never broke 2300 and taking support

snapshot
Trade closed manually
Looking good on buy side now

snapshot

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