Reliance - Bearish Bat At 1155 - 1050

Updated
Bearish Bat Running from 1155 Highs.

No Trades above 1120

Below mentioned are three targets

  • 1090 - 1092

    1070 - 1075

    1045 - 1050
Trade active
13:09 Hrs 22nd Nov 2018

Last Price@ 1112

Selling Again at the top@1120 from 1117 - 1119 zone

Kindly Trail the stops at cost -covering your brokerage cost - Enjoy the holidays next!
Trade active
14:05 Hrs 22nd Nov 2018

Last Price@1109

Falling Right at the Top@1119 as suggested - Nifty took support at 10550 which was suggested in Nifty Idea
Further fall in Reliance when Nifty falls below 10550 or touches 10590 -10600 zone and starts falling later.
snapshot
Trade closed manually
15:25 Hrs 22nd Nov 2018

Last Price@1102

We are closing this position - no positions for next week as markets are not working tomorrow

Only Risky Traders Can carry their position with strict stops of 1119 -which is entry price.
elliotwaveanalysisHarmonic PatternsnsenseindiaRELIANCErelianceindustriesTrend AnalysisWave Analysis

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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