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Reliance is weak and shorted
RELIANCE INDUSTRIES LTD
Short
Reliance is weak and shorted
By Sky_Tracer
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Nov 18
1
Nov 18
Reliance is clearly Weak and is the main contributor for Nifty crash along with TCS.
Reliance has rejected the Weekly Pivot which is a clear sign of weakness.
I have taken a STBT type short on Reliance with a target to 1228.
Chart Patterns
Technical Indicators
Trend Analysis
Sky_Tracer
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