manavtechresearch

RELIANCE CHART LOOKING WEAK

Short
NSE:RELIANCE   RELIANCE INDS
SUMMARY
*stock has broken 200-dma support
*rising trendline is broken
*one needs to wait for a close below the trendline today
*view is negative on reliance with positional view of 2250-2180-2120
*please check my previous weekly and special post on index
*those following me in my channel have seen action on reliance

DISCLAIMER
*my views are not trade recommendation
*please consult your financial advisor
*do not over trade
*manage risk and manage risk appetite
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