reliance is preparing for falling down side.
Reason:
1)not making higher high
2) making double top at top.
30 rsi is not supporting.( negative divergence)
so big fish making their position in reliance and managing nifty index. no other stock supporting nifty. so make short position on reliance sl =1400 target=1050/1000/950/900/850
Reason:
1)not making higher high
2) making double top at top.
30 rsi is not supporting.( negative divergence)
so big fish making their position in reliance and managing nifty index. no other stock supporting nifty. so make short position on reliance sl =1400 target=1050/1000/950/900/850
Trade fermée manuellement:
TRADE IS CLOSED WITH HALF PROFIT I WILL ANALZE THIS CHART AGAIN.