Reliance has slammed into resistance and is looking due for a reversal. The weekly Pivot has not been tested and hence, there is all likelihood that it should fall and take Nifty down with it too. (Refer to my post on Nifty short dated 25 Nov.)
I have taken a short position on Reliance. Let's see..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.