RELIANCE OPTIONS IDEA Bullish momentum is over now its time for bearish. 2460PE 31MAR2022 expiry will perform nicely. OI also good at this level.
The above analysis is my view only. The market can turn any side anytime, depending on several factors so protective play is always safe.
If the bull power is so high above the current price it must cross the gray box Supply zone. Anyway stay alert to come out if you are going to lose.
Never take risk all your Capital, Tray to stay in the game by protecting your capital. Hope never makes you win only Technicals and your mindset makes you win.
Note: I'm not a financial advisor or registered analyst please follow the expert's ideas before you trade.
If you like or win from my idea please like and comment to encourage. Ask me if you want any chart analysis.
