Get started
Caapinves

Reliance Industries - 1hr Time Frame - H&S - Pattern

Short
RELIANCE INDS (NSE:RELIANCE)  
Caapinves  
NSE:RELIANCE   RELIANCE INDS
Fibonacci Head and Shoulders
1
0
fibonacci headandshoulders
Reliance Industries has formed H&S pattern in 1hr time frame.

Already the 1 day pattern has evidence a inverted hammer in uptrend.

Also h&s pattern evidence in the 1hr chart. Hence, we can go for Short below 1425

SL - 1485

Target 1 - 1380

Target 2 - 1325

Target 3 - 1265

Related Ideas

Caapinves
Reliance - Short
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.