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TanujaK

#Reliance downtrend movement with risk:reward 4

Corto
RELIANCE INDS (NSE:RELIANCE)  
TanujaK  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Technical Indicators Chart Patterns RELIANCE relianceindustries reliancetrade relianceforecast relianceanalysis relianceshort reliancesell reliancetradesetup reliancetrading
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trendanalysis indicator chartpattern reliance relianceindustries reliancetrade relianceforecast relianceanalysis relianceshort reliancesell reliancetradesetup reliancetrading
#Reliance downtrend movement with risk:reward 4

Symbol: Reliance
Time frame :4-hours chart
Analysis breakout from the symmetrical Triangle
Downtrend Movement
Checked the conditions for moving average, RSI and volume
Sell at 2196 with this stop loss 2295 and target 1830

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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
#stockmarket, #sensex, #bse, #sharemarket, #nse #reliance
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