Reliance Capital Bear Flag

[Shiva Galrani]

Reliance Capital is another Bear flag in making

 

Break of flag around 352 in futures can be traded for a target of 286 with a SL 375 (Target also coincides with the expanding triangle shown on the charts).

 

Cheers

Shiva

 

[Shiva Galrani]

Update on Relcap Bearish flag.

 

Attached is a EOD chart as of now

 

The bear flag breakdown happened, then a test of the flag happened and now looks like its ready to fall towards its target of 285

 

Me looking to add to shorts below todays low in futures that is around 340.

 

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