Saurav_charts

RELIANCE SHORT

Short
Saurav_charts Updated   
NSE:RELIANCE   RELIANCE INDS
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.
Comment:
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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