Abrxtrades

Would you be okay?

Short
Abrxtrades Updated   
NSE:RELIANCE   RELIANCE INDS
Reliance clearly not able to sustain above the highs, and has been consolidating inside the Q2 range till now.
This indicates weakness, and hence expecting it to give a follow through to the downside.
Comment:
#1 TARGET REACHED
-12% down from the highs. Wise to take some partials here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.