Refining Margin Drag RIL to Below Median LINE - Result Series

Due to Low AVG.Crude Oil Price in Last Quarter (Q1 of 2017-18)
Refining Margin may in pressure, Drag RELIANCE to Below Median LINE

Harmonic "Bearish CRAB in Progress".
PRZ: @ 1588 (if Pattern Confirms.)

All are Plotted in Chart.

Do SHORT in Higher Level, BEST Above @ 1560+
TARGET: Plotted on Chart.

FnO trader can LONG Nearer OTM PUT Option, when traded at or above @ 1555+

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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

Trade active:

LONG: 1540PE LTP: @ 20.55 (at 10.57)
Best long / more accumulation: @ 17.75
TARGET: @ 22.20, @ 24.75, @ 27.60, @ 29.70, @ 43+
SL: 13.65 (By Closing

Trade active:

as mentioned BEST SHORT @ 1560
Made a HIGH @ 1559.80.