Reliance looking to bounce
Reliance is at its key support and it can give a good retracement towards the highs if it does not break the previous low.
Keeping the previous low as SL, one can look for a small long position
Keeping the previous low as SL, one can look for a small long position
Trade active
The trade is still active but the index has broken crucial levels. Closing the trade is advised.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.