PF and Trendline Short Reliance !

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Andrew's Pitchfork (mod schiff) and trend line having the same slope capturing the price movement beautifully. Big red candle on 04.01.17 and price movement thereafter shows weakness so one can short the stock here with stop loss just above the high made recently. It offers good risk to reward ratio for a target of Median line touch around 1020 which is also a fib .618 level.
Nota
Doing Well continuing with trailing stop loss.
Trade chiuso: obiettivo raggiunto
NIFTYPFRELIANCEshortTrend Lines

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