Reliance Ind- wait for the right time

On weekly chart the higher high is made is with or next to no power which can be witnessed on MACD historgram. The stock will remain in correction, best time to look for short position. If you are looking to take a position than you'll have to wait and even I'll update the details if I see best position for going long. Till than wait for the right opportunity.

More details will be updated soon.