Well, like always, the chart is pretty self-explanatory. Do check out our view on nifty50 of which reliance is a major chunk.
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DISCLAIMER: WE ARE NOT ADVISORS. WE ARE NOT REGISTERED. THE IDEAS ARE MERELY PERSONAL OPINIONS. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING. WE LIKE EVERYBODY ELSE HAVE THE RIGHT TO BE WRONG :)
If it was worth your time, do give us a like. Anything on your mind? Feel free to leave us a comment :)
DISCLAIMER: WE ARE NOT ADVISORS. WE ARE NOT REGISTERED. THE IDEAS ARE MERELY PERSONAL OPINIONS. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING. WE LIKE EVERYBODY ELSE HAVE THE RIGHT TO BE WRONG :)
Comment:
Reliance recovered to get back in the zone. Will see the future price action and decide further course. The breakdown level remains a retest and continuation zone
Trade closed manually:
The price action of reliance has changed. Reliance recovered! Our analysis did not work here :)