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Krish_Kohal

reliance bear trap

AARTIIND FUTURES (NSE:AARTIIND1!)  
Krish_Kohal  
NSE:AARTIIND1!   AARTIIND FUTURES
Trend Analysis Harmonic Patterns Chart Patterns beartrap volumeanalysis trendlineset support longposition
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trendanalysis harmonicpatterns chartpattern beartrap volumeanalysis trendlineset support longposition
reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap.

Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline

STOP LOSS: below the trap
Target: green line
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