cmp 2565
sl 2340
target 2872 and 3274
reliance is near an all-time high...we are preempting a big breakout above 2630 weekly close for 2 weeks. also we can see rounding bottom too
sl 2340
target 2872 and 3274
reliance is near an all-time high...we are preempting a big breakout above 2630 weekly close for 2 weeks. also we can see rounding bottom too
Commentaire:
reliance up 100 points from recommended levels but in this market breakout are not sustaining sl wait for another day close above 2610 and then bring sl to 2488...sl is big as in volatility dint want to miss big move add more near 2570 or on any dip
Commentaire:
Transaction en cours:
now trail sl 2630
Transaction en cours:
now trail sl 2680
Commentaire:
target 2875 achieved
Transaction en cours:
now sl 2810
Commentaire:
cmp 2999
now reliance has run from 2228 to 2565 so sl will be below 62% of the run on Fibonacci retracement 2340
for target using Fibonacci extension
keep quantity in control
measure risk and reward then only enter the trade....it would take time be patience
wealth generation means longterm patience