…Reliance Stock Trend
Reliance is a significant stock in the Nifty 50 Index. The stock has been in a downtrend for the past two months.
In my recent analysis, I found that the stock is approaching the Critical 1266-1260 BOUNCE area. From there, it can gain some momentum and rise.
We should carefully watch the range, as mentioned earlier. Any dip near to it is suitable for building long positions for short-term gains.
The stop-loss for the above view will be at 1260 on the Closing basis.
Any close below 1260 levels will nullify the view, and we can see stock heading towards lower levels.
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To trade efficiently and safely, you need extraordinary trading skills. These skills Boost your confidence and allow you to grab the opportunity when it arrives.
Do you know Reliance gave an excellent selling opportunity two weeks before, around 1370 levels?
How?? See the chart below.
The BLUE-marked zone displays the selling area.
…Successful Trading Strategies are Rare
Risk on this trade was less than 1%, and gains you are already seeing, yesterday Reliance stock made the low of 1269.
Exciting 100-point gains, and that too at just 1% Risk. Well, this is nothing for this amazing tool.
Our trading tool, ‘True Market Rhythm,’ is especially located in the rise and fall area.
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Results are unbelievable, like the above swing trading stock Reliance short trade. You can’t find any other swing trading tool with that much precision.
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Without that, you will remain in the category of 95% of traders who lose money.
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If you are the one who is serious about trading and doesn’t want to depend on the computer-based trading indicator, then you are most invited to learn this Rare and Unique trading skill.
