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Novicetrader2015

Reliance Industries - Cup and Handle | SWING & INTRADAY

Short
RELIANCE INDS (NSE:RELIANCE)  
Novicetrader2015  
NSE:RELIANCE   RELIANCE INDS
Trend Lines Cup And Handle RELIANCE swingtrading intraday
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trendline cupandhandle reliance swingtrading intraday
Stock has formed Inverted Cup and Handle on 2 hourly time frame.
Good to short if breaks 1970 (Long wick of 24th Feb can be ignored as that was formed during NSE glitch)

Swing traders wait for hourly candle close below 1970 for targets of 1950, 1930 and 1900
P.S. Pattern negated above 2015
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