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SumeshV
Nov 21, 2021 4:18 PM

Reliance, Bearish trend 

RELIANCE INDSNSE

Description

Three different charts shows multiple confirmations of the bearish trend

The D point of the previous Harmonic chart at the top side of the chart shows the reversal area and it respects.

A new Harmonic chart is generated and the price moving towards another D point, lower side of the chart

And finally a Bearish Head and Shoulder pattern formed.

In addition to the above observations, RSI bearish divergence respects.

The given information is for STUDY purpose.

Comments
jeeteshjain9999
Head and shoulder is wrong left one is not higher than right one
strb0yo
how can i get that script ?
those were scripts or manual?
SumeshV
@strb0yo, No manual is here presented.
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