Energy has exhausted its energy to sustain in Market.

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Nifty Energy Index (NSE:CNXENERGY)

NSE:CNXENERGY Nifty Energy Index

Trend Analysis Chart Patterns Energy Commodities RELIANCE GAIL hpcl shortsetup NIFTY ONGC

trendanalysis chartpattern energy reliance gail hpcl shortsetup nifty ongc

With the help of parallel channel and flag pattern, Nifty Energy is clearly showing downfall which will lead to shares likes Reliance Industries, ONGC, HPCL, Gail etc will also show weakness in the coming days. Traders can look for some shorting opportunities in these shares. This analysis is also supported by the ongoing news of diverting oxygen from industries to the

RELIANCE medical health care system.

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