Analysis:
Reliance has been moving in the channel, the up move is almost exhausted, it can be shorted around 1802 which is good resistance and if moves above that 1844 is another strong resistance to look for.
Target could be 1650, while sl will be decided after exhaustion of the move.
Will update the chart on my TG. Ping me for the link.
Please do like , support and engage in the comment section.
Thanking you,
Kalpana Burman
Disclaimer:
The data and information provided in this published idea is not an advice and should not be relied upon as such. Neither the information, nor my opinion contained in this idea constitute a solicitation or offer by me to buy or sell any securities, futures , options or other financial instruments.
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
Reliance has been moving in the channel, the up move is almost exhausted, it can be shorted around 1802 which is good resistance and if moves above that 1844 is another strong resistance to look for.
Target could be 1650, while sl will be decided after exhaustion of the move.
Will update the chart on my TG. Ping me for the link.
Please do like , support and engage in the comment section.
Thanking you,
Kalpana Burman
Disclaimer:
The data and information provided in this published idea is not an advice and should not be relied upon as such. Neither the information, nor my opinion contained in this idea constitute a solicitation or offer by me to buy or sell any securities, futures , options or other financial instruments.
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.