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stonksksk

RELIANCE to break support, steep fall in the coming days

Short
RELIANCE INDS (NSE:RELIANCE)  
stonksksk  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns Technical Indicators RELIANCE relianceindustries short SELL shortselling reliancetrade relianceshort Bearish Patterns downtrend
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trendanalysis chartpattern indicator reliance relianceindustries short sell shortselling reliancetrade relianceshort bearish downtrend
RELIANCE is about to see major fall in the coming days with price likely to fall as low as 1810. The Moving Average 50 has just crossed over the Moving Average 20. Past performance shows this results in price falling to around 2-3%. Moreover the Moving Average 200 is closing gap with MA50 and MA20 and if crosses above them, the stock can see an even greater fall going below 1800. Furthermore past few days show huge bearish body candles showing a downtrend. Only positive news (Global or Company related) can take the price up.
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