RELIANCE INDUSTRIES BULLISH TREND CONTINUATION BUY OPPORTUNITY
RELIANCE INDUSTRIES STOCK CHART IS TRADING IN A DESCENDING TRIANGLE SINCE JUNE 22, 2020. YESTERDAY, JUNE 30, 2020 CHART BROKE AND CLOSE BELOW SAME TRIANGLE. TODAY STOCK CHART HAS MANAGED TO OPEN GAP UP AND AGAIN RETURNED IN TO TRIANGLE. WHICH SUGGESTS THAT STOCK CHART MAY CONTINUE IT'S BULLISH RUN. IF STOCK CHART MANAGES TO BREAK AND CLOSE ABOVE THAT TRIANGLE ON H-1 TIME FRAME, WE CAN PREDICT THAT BULLS CAN LOOK TO RE-TEST INR 1800 LEVEL AGAIN.
ALSO MORE AGGRESSIVE TRADERS CAN SHOOT FOR EXTENDED TARGETS KEEPING IN MIND THAT CHART HAS ALSO FORMED POTENTIAL BULLISH FLAG ON H-1 TIME FRAME.
ALSO MORE AGGRESSIVE TRADERS CAN SHOOT FOR EXTENDED TARGETS KEEPING IN MIND THAT CHART HAS ALSO FORMED POTENTIAL BULLISH FLAG ON H-1 TIME FRAME.
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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.