Terminal impulse observed in Reliance
Updated
We can see a target of 1371 by 25th August , as Reliance has formed a terminal impulse pattern. A reversal is expected anytime soon. RSI is showing negative divergence on Daily and hourly charts as well.
Trade active
1674 should be a good level to short with a stop loss of 1700Trade active
The targets seen are levels below 800, with a Stop loss between 897- 908.
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