Reliance intraday trade setup; Neutral1. Green Trend line: I would "carefully"
go LONG at "successful breakout".
(1 Qty at breakout, another at retrace)
2. Red Trend line: I would go short on
following 2 scenarios.
(a) Open gap down, wait for retrace and
go short at lower trend line.
(b) Open in-between trendline and breakdown;
I WILL WAIT FOR RETEST AT TRENDLINE and go SHORT