RELIANCE : The stock has witnessed sort of Bearish Engulfing which is considered to be a bearish reversal pattern, usually occurring at the top of an uptrend, triggering a risk of further downside..!!!

RELIANCE

Last close 1296.50

The stock has witnessed sort of Bearish Engulfing which is considered to be a bearish reversal pattern, usually occurring at the top of an uptrend, triggering a risk of further downside..!!! Red hot sell for traders. We recommend selling keeping stop loss of Rs.1329 for a lower target of Rs.1280, Rs.1266, Rs.1250..!!!