RELIANCE SHORT
Updated
A BULLLISH MARUBUZO IS A VERY BEARISH CANDLE AND COUPLED WITH ALL TIMES HIGH RESISTANCE
THIS ADDS TO THE CONFLUENCE OF IDEAS TO TRADE RELIANCE SHORT
THIS TRADE GIVES A VERY GOOD RR AND ALWAYS TAKE A TRADE WITH GOOD RR IT IMPROVES OUR TRADING IN THE LONG RUN.
A BULLISH CANDLE ABOVE THE RESISTANCE WILL CANCEL OUR TRADE IDEA AND THEN WE NEED TO EXIT OR TAKE ALONG POSITION.
THIS ADDS TO THE CONFLUENCE OF IDEAS TO TRADE RELIANCE SHORT
THIS TRADE GIVES A VERY GOOD RR AND ALWAYS TAKE A TRADE WITH GOOD RR IT IMPROVES OUR TRADING IN THE LONG RUN.
A BULLISH CANDLE ABOVE THE RESISTANCE WILL CANCEL OUR TRADE IDEA AND THEN WE NEED TO EXIT OR TAKE ALONG POSITION.
Note
SO WE HAD OUR TARGET HIT YESTERDAY AND THEN RELIANCE BOUNCED BACK FROM ITS SUPPORT AREA.BOOKING PROFITS IS CRUCIAL FOR A TRADERS SUCCESS.
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