Study purpose Reliance future Reversal entry @ 1873 SL 1835 for target 1950/70/2000
BAJAJ FINSERVE - SHORT RANGE - PRZ Given
Few people asked me when will Reliance start going up and participate in this rally :) Frankly, hard to guess as there is some really brutal selling happening. Retracement levels for reliance - 1887 or 1865 with SL 1835 This is a hypothesis - that may or may not work, the basis of hypothesis on charts Happy Trading MSK
Explained on charts....... point of invalidation ..... 180 This is just my view.... trade according to your own risk management.
ab=cd completed now next prz may be 1.13ab=cd 12930 1.27abcd 13103.
based on gartley bearish pattern formation levels are marked for intraday entries >>>> 12800 can b marked as entry buy with 20-30 pts stop zone ALSO, CHANGE IN OPEN INTEREST 12800 PUT SIDE ALSO INDICATING STRONG SUPPORT INTRA BASED KEEPING ENTRY LEVEL IN MIND - 12850, 12900 THEN CAN B THE TARGET LEVEL - PURELY BASED IN CHANGE IN OPEN INTEREST CE SIDE...
Breakout the downtred line. The key position: bearrish 70.7% pattern Reasonable reward/risk ratio.
Short Trade Entry Range: 7503 - 7650 SL: 7900 Target: 7240,7060,6880
Short Trade Entry Range: 1458 - 1478 SL: 1510 Target: 1420,1395,1367
Short Trade Entry Range: 4944 - 4970 SL: 5114 Target: 4860,4780,4670
Short Trade Entry Range: 1389.6 - 1402 SL: 1438 Target: 1365,1347,1329
Only take entry once u get a proper breakout or reversal from the levels
Short Trade Entry Range: 591.95 - 596 SL: 605 Target: 581,572,563
Short Trade Entry Range: 1822 - 1836.05 SL: 1902 Target: 1750,1660,1600