Reliance/NIFTY reclaimed the Covid line

Обновлено

  • Watch the chart carefully M, W, D and H.
  • On the last hours of Friday, at the end of the quarter, post expiry, RELIANCE reclaimed a lost September Line from the Covid lows.
  • I'm long and will be adding to the longs on Reliance for Q4.
  • If necessary to hedge, I will short equal size NIFTY, unless this line is breached under again.
Сделка закрыта: достигнута стоп-лосс цена
Actually, it is over for RELIANCE. for now anyway.
Заметка
Reliance got rejected from that line on Friday. But thats the line to watch.
Supply and DemandSupport and Resistance

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