Reliance gave spinning top at 52 week high, so its indicating of small retracement or downside.
For intraday trade we were waiting for the zone or confirmation to enter the trade.
Today it covered half of the spinning top candle and then gave pinbar.
moving average retracement indication.
inverted flag pattern.
we entered at flag breakdown + MA crossover-1417
sl at half of pinbar-1423
target at previous low. -1407
Made low of 1383
For intraday trade we were waiting for the zone or confirmation to enter the trade.
Today it covered half of the spinning top candle and then gave pinbar.
moving average retracement indication.
inverted flag pattern.
we entered at flag breakdown + MA crossover-1417
sl at half of pinbar-1423
target at previous low. -1407
Made low of 1383
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.