IN ALL THE SCENARIOS RELIANCE GOING DOWN...!

AS PER THE PREVIOUS VIEW ON RELIANCE (CHECK MY PREVIOUS POST )WE HAVE REACHED THE PRICE LEVEL OF 1535
BEING 8 SESSIONS TRADING UP 2 DOWN CONFIRMS BEAR ARE RULING NOW
RELIANCE FACES STRONG RESISTANCE NEAR 1576-1565 LEVELS
SHORT RELIANCE AT AROUND 1545-1555
TARGET 1. 1520 , 2. 1499 SL 1585
SENARIO 1. A-B
2. A-C-D-E
3.A-C-D-F-G
2- 3 TRADING SESSIONS

Operación activa:

2 nd scenario is building

Operación activa

Operación cerrada: objetivo alcanzado:

the price moved as per scenario 2
both targets were reached on opening
SHORT
IN ALL THE SCENARIOS RELIANCE GOING DOWN...!
it has to come to that price level
great trade . happy trading . keep supporting guys