Get started
GaurangJoshi

RELIANCE LH LL analysis.

Short
RELIANCE INDS (NSE:RELIANCE)  
GaurangJoshi  
NSE:RELIANCE   RELIANCE INDS
Trend Lines volumes Relative Strength Index (RSI) priceaction lowerhighs lowerlows
1
0
trendline volumes relativestrengthindex priceaction lowerhighs lowerlows
RIL forming lower highs and lower lows after touching high of 1480

RSI trending down and weak volumes.

Confirmation of downtrend below 1420.
Comment: Broke trend line with volumes. View negated.
Trade closed: stop reached