Descrição
⋅ Reliance as corrected well giving good 70 points in our previous short set up.
Now the stock is at 23% which is critical Fibonacci level. It is taking support at current level 880.
If broken then next support will be at 38% and 50% on downside.
This is betting against the trend so Strict SL is important.
Long entry above 880 with SL at 860 for T1 890 T2 900 and T3 920