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AMIT-RAJAN
Sep 1, 2022 4:59 PM

RELIANCE BREAKDOWN Short

RELIANCE INDSNSE

Description

Reliance looking fresh negative on daily chart it is breaking rounding curved trendline support and giving a fresh negative divergence move on macd indicator too so we can see a downwards move in it in coming sessions but it is looking that it will going for a decent correction after a steep rally.

Cause of short-:

1- Breaking curved trendline.

2- Macd indicator negative divergence

Comment

Close down with more the 1% in overall okay market too
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