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VonKrieger

Reliance Sell

Short
RELIANCE INDS (NSE:RELIANCE)  
VonKrieger Updated   
NSE:RELIANCE   RELIANCE INDS
Chart Patterns Trend Analysis vsawyckoff
3
2
chartpattern trendanalysis vsawyckoff
1.Upthrust after Distribution
2.Price Below Weekly&Monthly CPR and below 55EMA
3.LPSY
4.Good Selling Wave
5.Break of Consolidation 1810 and then short at PullBack which has low volume
Comment:
VSA :-

1. Sign of Weakness on 25th Jan & Follow Through
2. 25Nov to 14 Decd , Huge Effort But No Result meaning weak uninterested buyers
3.Good Cause , Expecting Good Effect , Target is 1600
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