Reliance : Gartley with an ABCD to go short ! for NSE:RELIANCE by InsiderB

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reliance relianceindustries nifty bearishgartley abcdpattern supportandresistance gartleypattern

We have resistance zone in Reliance from 1067's to 1075's, and in the same area we have bearish gartley completion along with ABCD completion. As mentioned in chart itself, it just increases our confidence or to validate setup ( our direction of trade). But that wo't give assurance that it will be successful trade in Reliance .

Happy Trading !

Trade active: In Reliance Futures as mentioned above

Comment: Guys... Please please..dont blindly trade on my posts, check your analysis also.... I can handle my own loss... But when you say loss, I feel really Bad...Please don't do so guys.... It really hurts !

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I came out @1095.55 OK sir. Its part of trading. Dont feel sir. We will recover loss in next trading..

sivaraj

ok sure, but My humble request, please use my ideas just for reference and take decisions on your own. I like your confidence. All the Best !

Sir, Reliance future shorted. But price now 1095+ . May I hold or exit sir?

sivaraj

Boss... what ?? you should have exited at 1080's, I mentioned stops pal. Feeling sad about your loss...