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LazyBullear
Jul 21, 2020 6:32 PM

[Intraday] Reliance Short

RELIANCE INDSNSE

Description

Reliance has a harmonic reversal zone
Based on that the below are the trade details
Short in the range 2002.3 - 2010 or above
SL 2030
T 1980,1960,1925

Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting your advisor.

Comment

shorted at 2000.. updated tsl to cost

Comment

exited my trade at 1993
Comments
dirtyDoctor
dubara aise galti mat karne ka , shirt pant utaar ke road pe leke ayega ye stock :D
Malay_Kumar
I don't think a stock like Reliance is to be traded for 5/ 7 rupees.
Better to stay away from such blind trades. A lot of chart pundits have been giving the idea to short from 1780-1800 levels and it has proved them all wrong.
LazyBullear
@Malay_Kumar, It was my trade plan for the next day. Follow if you like or ignore. As long as I am in profit nothing else matters. I exited the trade as I saw the bullish trend and in profit too whether 5 rupees or 7 rupees and it met my target too.

Do you have technical knowledge or you are just speaking out of thin air? Indeed, it is thin air , as you call it blind trades, which it isn't. There was a harmonics reversal zone and hence I shorted it.
Malay_Kumar
@LazyBullear, Happy trading dear expert.
A famous expert who is often seen on TV channels, has advocated to buy Reliance CE today.
Follow your conviction.
LazyBullear
@Malay_Kumar, doesn't matter. I am happy with my conviction. so you may have take truck loads Reliance CE and will make enough money tomorrow.
Congrats!
Malay_Kumar
@LazyBullear, Thanks for the good wishes!
Eeco_trendy
Can 1st Tgt 980 be achieve today!!
LazyBullear
@Eeco_trendy, it looks strong so doesn't look like it.
LazyBullear
@LazyBullear, I exited my trade at 1993
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