Abhishek_TradersSin

Reliance is in a bullish flag (Perfect for 15min Intraday)

Short
NSE:RELIANCE   RELIANCE INDS
I am expecting it to break down as it has tested the lower resistance many time but the trend is opposite and hence it can be a very risky trade. So follow the rules I have provided in the picture to trade this stock tommorow.

Target : Rs 6
SL : Rs 6
Risk : Reward - 1:1

Please comment if you have any doubts on the analysis.
Trade closed manually:
Reached target

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.