Reliance good option to trade intraday
Purple trendline is acting as a very strong resistance
from here, we can draw out two possible situations
1) Reliance opening below 2011 and going straight down from there
2) Reliance opening somewhere inbetween 2060-2011, and going up and down
and forming a descending triangle only to go down in the end
from here, we can draw out two possible situations
1) Reliance opening below 2011 and going straight down from there
2) Reliance opening somewhere inbetween 2060-2011, and going up and down
and forming a descending triangle only to go down in the end
Trade closed: target reached
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