Reliance Sell After pullback
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Reliance Sell Near 1268-1270 Stoploss 1283 Target 1210-1200
Reasonf For Trade- reliance is in strong downtrend on daily chart. 2.Price is moving in 15 minute channel which is making lower highs and lower lows. 3.Weekaly Chart Support is 1190. 4.Price is forming rounding top on daily Chart. 5. Risk Reward 1:2.
Reasonf For Trade- reliance is in strong downtrend on daily chart. 2.Price is moving in 15 minute channel which is making lower highs and lower lows. 3.Weekaly Chart Support is 1190. 4.Price is forming rounding top on daily Chart. 5. Risk Reward 1:2.
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Exit at 1273...With 4 points stoploss....Looking very Strong
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