Clear Inverted Head and Shoulder formation Once break my level it fall drastically Intraday levels marked for education purpose
Reliance Technical pointing towards an area of Interests for shorts. Market Profile Analysis Volume Analysis Harmonics Fundamental Analysis
Reliance after forming three Doji in last five trading sessions of November remains locked inside the marabozu candles levels. RSI about to breakdown below 40 No longs to be initiated before closing above 1985 Lower levels are open as soon as the support line is broken on closing basis.
Reliance is currently running good trend line
Important Monthly Support Broken. Looking Beautiful to Short I will enter Short at Blue box as shown in chart. Entry and Stop Loss as shown in chart.
Reliance in a strong downtrend. Presents a good short opportunity for Target of Rs 995-955 Range.