“In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it’s important not to be emotionally attached to large profits. I’ve certainly made some of my worst trades after long periods of winning. When you’re on a big winning streak, there’s a temptation to think that you’re doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general rule, losses make you strong and profits make you weak.” – William Eckhardt
RIL facing its trendline resistance and 200 DMA @842.Stock was unable to break 200 DMA at one shot.
Buy above 832 Tgt 837,843 and 856
Sell below 821 Tgt 813,802 and 792
Buy above 429 Tgt 432,438 and 444
Sell below 422 Tgt 416,410 and 406
Sell below 897 Tgt 888,876 and 865
Add more shorts below 876