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Energy has exhausted its energy to sustain in Market.

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Nifty Energy Index (NSE:CNXENERGY)  
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NSE:CNXENERGY   Nifty Energy Index
Trend Analysis Chart Patterns Energy Commodities RELIANCE GAIL hpcl shortsetup NIFTY ONGC
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trendanalysis chartpattern energy reliance gail hpcl shortsetup nifty ongc
With the help of parallel channel and flag pattern, Nifty Energy is clearly showing downfall which will lead to shares likes Reliance Industries, ONGC, HPCL, Gail etc will also show weakness in the coming days. Traders can look for some shorting opportunities in these shares. This analysis is also supported by the ongoing news of diverting oxygen from industries to the RELIANCE medical health care system. ONGC GAIL
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