RELIANCE INDUSTRIES LTD

MY RELIANCE TRADE

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First see that the price is respecting 50SMA and one it break
I donot enter the trade but wait for retest at 50 SMA
And I find a rejection with bearish engulfing candle
I go short and capture one swing


NEXT MOVE

the price may come back to 50 or it went down to 100 SMA
Because it usually happen when price break 50 it went down
To 100 SMA
Only enter for long trade if price rejected signal from support level

Best of luck and keep patience

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