rajivghosalkar

Terminal impulse observed in Reliance

Short
rajivghosalkar Updated   
NSE:RELIANCE   RELIANCE INDS
We can see a target of 1371 by 25th August , as Reliance has formed a terminal impulse pattern. A reversal is expected anytime soon. RSI is showing negative divergence on Daily and hourly charts as well.
Trade active:
1674 should be a good level to short with a stop loss of 1700
Trade active:
The targets seen are levels below 800, with a Stop loss between 897- 908.
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.