Reliance has already given breakout and is now retesting its support.
An early entry can be made here with a small SL of 2850 on weekly sustaining basis and target levels are shown in chart.
Also a safe entry can be made above 3050 with same SL and Same Targets.
Targets are concluded based on flag and pole pattern and range breakout pattern and lifetime high resistance.
Also, price can go below or volatile due to FED Meeting outcome next week. So, stay tuned for more insights.
Follow me for more such analysis
Disclaimer: These are analysis done by me for educational purpose and is not a recommendation. :-) :-)
An early entry can be made here with a small SL of 2850 on weekly sustaining basis and target levels are shown in chart.
Also a safe entry can be made above 3050 with same SL and Same Targets.
Targets are concluded based on flag and pole pattern and range breakout pattern and lifetime high resistance.
Also, price can go below or volatile due to FED Meeting outcome next week. So, stay tuned for more insights.
Follow me for more such analysis
Disclaimer: These are analysis done by me for educational purpose and is not a recommendation. :-) :-)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.