RELIANCE INDUSTRIES LTD
Short
Updated

Short in Futures

120
One can look for short selling in Future contract , this will high likely will make one more move down before it decide its next impulse move
Trade active
Note
so far in Future short sell from 1276 to 1231 ,
Note
so far 1276 to 1200 ,
Note
Alternative view
if this scrip did not brake down on large price basis then it will high likely will make one more move up and then crack , i am trailing my stop near to 1 hour candle and will be looking to see next move
snapshot
Note
Sell on the brake of structure again now at 1233
Note
so far from 1276 to 1180 , its an 94 points trade Going slow in price movement

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.