Analysis of reliance. for 1 Feb. For intraday and swinger.
Everything provided in graph. Please analysis on your own before taking any position.
According to me RELIANCE will fall on Monday because on Friday most of the markets were ended red including reliance so there is also a possibility that markets will be red on Monday. Another reason is that on Monday budget is releasing and most of the people will short on the budget day. by considering theses facts with some technical analysis , I think that there are more possibility that RELIANCE will fall today. Though there are also some possibility that RELIANCE will reverse its trend.
Take short position when trend line breaks and price starts going downward.. Take position when the candle below trend line is closed red. Use 15 minutes stratergy also and analyze on your own also.
NOTE : This information can be true or false as nothing is 100% sure. This is just my opinion for educational as well as confirmation purpose.
Please comment to tell or ask anything.
According to me RELIANCE will fall on Monday because on Friday most of the markets were ended red including reliance so there is also a possibility that markets will be red on Monday. Another reason is that on Monday budget is releasing and most of the people will short on the budget day. by considering theses facts with some technical analysis , I think that there are more possibility that RELIANCE will fall today. Though there are also some possibility that RELIANCE will reverse its trend.
Take short position when trend line breaks and price starts going downward.. Take position when the candle below trend line is closed red. Use 15 minutes stratergy also and analyze on your own also.
NOTE : This information can be true or false as nothing is 100% sure. This is just my opinion for educational as well as confirmation purpose.
Please comment to tell or ask anything.
