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manuagarwal21
Jun 5, 2020 8:06 AM

RELIANCE - ALT BAT - new rally only above 1650 

RELIANCE INDSNSE

Description

RELIANCE - ALT BAT - new rally only above 1630

Reliance hourly chart has probability of altbat pattern and currently its trading near its prz zone i.e 1620-1630

High Volume Spinning candle near prz is again a warning that cannot be ignored.

This alt bat pattern is also aligned with reliance previous resistance at 1590-1600 levels.

Short below 1575
Long above 1630

Please do not follow blindly, do your own research.

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