c0dchef

RELIANCE - Bearish Bat - 4H TF

Short
c0dchef Updated   
NSE:RELIANCE   RELIANCE INDS
Bearish Bat pattern is seen to be in its D leg in 4H chart of Reliance. SELL around 1397. Although the CD leg is extended a bit more than the required 1.618-2.618 extension of AB, let's see if it works or not.

I just started learning Harmonics, don't know how to perfectly calculate Target(s) and SL, yet.
Comment: Got Rekt heavily!!
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