Reliance has breaking highs 1500 was a good resistance breakout due to heavy volumes. 1600 is the range to watch, divergence might kick-in and selling here will create good selling pressure downwards.
Trade closed: target reached
decent 140 points profit from the shorting range
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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.