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niftytrader
Feb 6, 2019 10:20 AM

RELINFRA : stay away Short

RELIANCE INFRASTRUNSE

Description

Bad chart structure.
This month a decade long support near 300 has broken and stock has collapsed below that
While the stock is oversold and can give a dead cat bounce anytime, it remains a sell on a rise
So sell if you a trader look for bounces to sell into.
Investors can stay away.
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