RELIANCE INDS as on 03.09.2021!!
FALLING WEDGE PATTERN FORMED!!!
Breakout done!!
Pullback done!!
And broke its major resistance level of 2355!!
50 EMA AND 200 EMA LEVEL GIVING A GOOD SUPPORT!!
Volume is also above average !!
Breakout from monthly POC and supply and demand also done!!
Should not be a FAKE BREAKOUT let see Hope for the best!!
TARGET PRICE=2836/2840
STOP LOSS=2174/2170
(The above analysis is only for study purpose do not take it as any buy or sell call)
Breakout done!!
Pullback done!!
And broke its major resistance level of 2355!!
50 EMA AND 200 EMA LEVEL GIVING A GOOD SUPPORT!!
Volume is also above average !!
Breakout from monthly POC and supply and demand also done!!
Should not be a FAKE BREAKOUT let see Hope for the best!!
TARGET PRICE=2836/2840
STOP LOSS=2174/2170
(The above analysis is only for study purpose do not take it as any buy or sell call)
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