Reliance - Breakout with Volume Expansion

28 mai 2021

Reliance is coming out of the Accumulation zone, the range which was created 60 days ago. There is an expansion of volume on the Breakout with a good Bullish candle. There is also a break of structure since it created a higher high. It may retest the 2050 area on lower time frames. Every dip can be seen as a buying opportunity.



Targets: 2200, 2350

You are always advised to use an appropriate Risk-Reward ratio as per your strategy. If you like my charts, make sure to share and comment.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

11 juin 2021

Note

Target 1 reached. ✅✅