RELIANCE Potential Inverted HnS

מעודכן
Reliance is in the process of forming an Inverted Head and Shoulder pattern. One can enter on the break of the Trendline. The stock is also at the Important Fib level of .5 and .618 of the previous up move so that adds confidence to the trade
עסקה פעילה
Trendline broke but wait for retracement.
עסקה פעילה
Strength coming in
עסקה פעילה
2% up from breakout
עסקה פעילה
Today's fall was on back of higher volume. If you want to enter, wait for the retest of 50 or 200 DMA. They will provide support to the stock
עסקה פעילה
5% Up from breakout level. It is advisable to book out 50% quantity
עסקה פעילה
2,500 achieved
עסקה פעילה
8% up from breakout
עסקה פעילה
One can book rest of the quantity around 2,580 levels
עסקה סגורה: היעד הושג
Chart PatternsTechnical IndicatorsniftylevelsniftytrendRELIANCEswingswingsetupswingtradeswingtraderswing-tradingswingtradingTrend Analysis

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