RELIANCE | 15minTF | Flag downtrend | Breakdown

RelianceIndustries has formed a downward flag pole with a triangle formation likely to cause a breakdown.

Short below 1840 for target of 1770 followed by 1680 and stop loss of 1865

Disclaimer: This is my personal view, please consult your financial advisor, trading partner, broker for clarification. Trade safely and wisely. Profit even though less is still a capital appreciation, loss even though small is capital erosion.


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