Head & Shoulder pattern observed in Reliance. However the pattern is yet to be confirmed. So, take bearish view only if neck level of H&S fails to hold as support.
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Guys RELIANCE retest for previous High... keep watch and stay tuned for further updates
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
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No Naked put /call or Futures positions:
Following 3 strategy :
1)Buy 1360 calls , Sell 1420 or 1400 or 1380 call
2) Buy April futures and Sell 1360 or 1380 April call
3) Buy 1360 call 2 or 3 lots and Buy 1-2 1360 put lots (Put : Call Ratio can be as per your choice )
My Position is 1360 call buy , 1400 call sell .
Please note :
Consult your financial...