Reliance Industries - Cup and Handle | SWING & INTRADAY
Stock has formed Inverted Cup and Handle on 2 hourly time frame.
Good to short if breaks 1970 (Long wick of 24th Feb can be ignored as that was formed during NSE glitch)
Swing traders wait for hourly candle close below 1970 for targets of 1950, 1930 and 1900
P.S. Pattern negated above 2015
Good to short if breaks 1970 (Long wick of 24th Feb can be ignored as that was formed during NSE glitch)
Swing traders wait for hourly candle close below 1970 for targets of 1950, 1930 and 1900
P.S. Pattern negated above 2015