RELIANCE INDUSTRIES LTD
Short
Updated

Reliance Short for May

294
Hi All,

On daily chart RIL is unable to make high of 1520 levels and made tweezer top at 1500-1508 levels.

Short RELIANCE at 1460 CMP levels for Targets of 1382,1237 in May month...
Note
Blue Iine is the Stop Loss at 1506, Targets are 10,20,50 SMA breaking Potential 20% shorting opportunity from Here
Note
Stop Loss hit due to news, where technicals won't work!! So many tech funds invested in JIO and our chart levels broken

Disclaimer

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.