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
Transaction en cours:
Trendline broke but wait for retracement.
Transaction en cours:
Strength coming in
Transaction en cours:
2% up from breakout
Transaction en cours:
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
Transaction en cours:
5% Up from breakout level. It is advisable to book out 50% quantity
Transaction en cours:
2,500 achieved
Transaction en cours:
8% up from breakout
Transaction en cours:
One can book rest of the quantity around 2,580 levels
Trade fermée: cible de profit atteinte