SHORT SIDE OPEN INTEREST BUILD UP IN RELIANCE

After making higher highs now RELIANCE INDUSTRIES is looking a bit in over bought condition.Shorter term indicators suggesting a bit of negative divergence.RSI oscillating in over bought levels.

Moreover , I have noticed open interest build up on shorter side for the last two days.

So  buyers be cautious and short sellers trade this as a opportunity in this bull market.Maximum fall is expected up to 1320 levels on the downside.Screenshot (10)

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