Short instead of Long?? Education

RELIANCE INDSNSE

Description

⋅ Jul 20, 2018 2:58 PM

Price is moving high and high but RSI is not showing any strength...it's flat. So is it indication of downtrend in short term? Please someone advice.

Comments

palane

⋅ Jul 21, 2018 3:00 PM

It's Next resistance comes at 1145 and then 1200. Then it will return to 1040.

preejay

⋅ Jul 21, 2018 6:34 PM

@palane, Thanks...let's see the moment on Monday.

Pratikraj

⋅ Jul 20, 2018 3:55 PM

For how many point u want to short?

preejay

⋅ Jul 21, 2018 6:32 PM

@Pratikraj, I expect to see downfall at three figure number

preejay

⋅ Jul 21, 2018 6:33 PM

@preejay, If it break down 1070 then at least 975 can be target for short but of course in falling market.