- Triangle discussed in the below chart has given a good short trade. Further weakness on hour closing below 838. This level may also act as support.
- NIFTY RANGE UPDATED
- Reliance fibonacci levels shows resistance near 78.6% Fib level.
- But price has not given a sell yet. If price is able to close below 10 Day EMA along with a MACD sell signal we may see a correction in reliance.
- Bulls of reliance need a daily close above 78.6% fib level for a possible move above 900+.
- S&P 500 EOD UPDATE