Reliance has formed the Head & Shoulders pattern and is ready to further go downside.
It is better to wait for a re-test of the breakdown line (2530 levels).
Target :- 2400 levels
SL :- 2600
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
It is better to wait for a re-test of the breakdown line (2530 levels).
Target :- 2400 levels
SL :- 2600
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Trade closed: target reached