Reliance - A bearish move expected
Reliance got two possible patterns on Daily TF
1. Extended ABCD (TGT 2350)
2. H&S (If breaks below 2480) TGTs open till 100 EMA.
In both above cases, until 2600 is not taken out, its a sell on rise candidate.
1. Extended ABCD (TGT 2350)
2. H&S (If breaks below 2480) TGTs open till 100 EMA.
In both above cases, until 2600 is not taken out, its a sell on rise candidate.
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