Moneycontrol PRO
HomeNewsBusinessMarketsFutures Trade | A likely head and shoulder breakdown trade in Reliance

Futures Trade | A likely head and shoulder breakdown trade in Reliance

Reliance is at the breakdown point of a Head and Shoulder pattern and if it stays below Rs 1,980 on a weekly basis, one can go short.

March 26, 2021 / 08:37 IST

Alok Jain

RIL 2603

Reliance is at the breakdown point of a Head and Shoulder pattern and if it stays below Rs 1,980 on a weekly basis, one can go short here with stops at Rs 2,120 for the target of Rs 1,830 in few weeks.

Disclaimer: https://www.moneycontrol.com/app-disclaimer

Moneycontrol Contributor
Moneycontrol Contributor
first published: Mar 26, 2021 08:37 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347