Reliance price action details are mentioned on the chart for SHORT position.
Entry:- Enter short below - 1350
Stop Loss:- 1370
Target 1 :- 1310
Target 2:- 1270
BATA India is showing RSI negative divergence on Weekly as well as Daily timeframes. Hourly timeframe analysis gives a Bearish Bias & a possibility of short term trend reversal.
Can take a Short position on hourly candle close below 1328.
Target = 1280
Stop Loss = 1345.
Infosys is showing good price action for Long position. If price is able to break above 724 enter Long. But if price is not able to break above this level keep a watch on the same & enter short below 706.
