harshilkmehta
Short

Triangle pattern breakdown

NSE:RELIANCE   RELIANCE INDS
Clear breakdown in reliance. From current market level it can come down to 2170 level which is the next support. Once it breaks 2200 level you can see sharp fall till 2170. Maintain stoploss above 2242 level. This is just for educational purpose. I am not providing or suggesting anything. Have a great trade.

Comments

be careful before shorting. yes can go down but will find good support near 2150 as it bounced back from this support line number of times
Reply
@ranbhan, Exactly thats why my target was 2170, as you can see exactly there it took support. Futher shorting can be done once it breaches 2145 level for target of 2070.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out