RELIANCE - WAIT FOR CLOSURE MORE THAN 1410!!
TECHNICALLY RELIANCE HAD GENERATED A "SELL" SIGNAL ON 18TH APRIL.
HUGE GAP UP OPENING & BEING IN THE BULLISH ZONE CAN CHANGE THE STATUS OF THE SIGNAL.
BUT, PATTERN FORMATION IS SIMILAR TO H&S. (SHOWN ABOVE).
WAIT TILL 1410 IS CROSSED / CLOSED WITH VOLUMES.
HUGE GAP UP OPENING & BEING IN THE BULLISH ZONE CAN CHANGE THE STATUS OF THE SIGNAL.
BUT, PATTERN FORMATION IS SIMILAR TO H&S. (SHOWN ABOVE).
WAIT TILL 1410 IS CROSSED / CLOSED WITH VOLUMES.
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