Reliance cmp 998.50 spot initiating positional shorts in reliance with stoploss above 1015 targets will depend on developing price action a likely target is 974
please read carefully The stock has been in a uptrend -this means we are taking a countertrend trade -risk is highthan acceptable 2 positional trades carry huge overnight risks that can go beyond the stoploss 3 this trade is NOT MEANT FOR small traders 2-3 lakh capital 4 the cost price will change if more lots are added depending on developing price action
交易結束：目標達成
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Reliance positional short trade target of 974 spot done today in morning
reliance cmp 1016.20 - the stock is finally showing some decline after making highs of 1036 on prev day(june 21) there are no easy ways to trade counter trend as it is very difficult to predict exact top or bottom......pyramiding positions is helpful to create the trade...however it is a very aggressive approach not suitable for everyone.....
GauravSaini
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added to reliance industries short .......moving stoploss higher