After a strong trending movement from few weeks, price is near its resistance level, now it is in the form of Head and Shoulders pattern..which is a reversal pattern.. wait until price breaks the Neckline and retest...then will enter for Short side... keep track this for Short side, if breaks neckline...until wait and watch.
Reliance Futures Key trading level 24th June 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor...
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A classical H&S pattern. A good retest and then... RELIANCE is weak as long as below 1414 Spot 1408.90 TGT 1290 Do like, share and subscribe us! Keep learning!