Robinhood-rchopra424

Reliance Looking Strong for a Target of 2500 in July

Long
NSE:RELIANCE   RELIANCE INDS
The price action in reliance is forming an ascending triangle structure and looking for a sharp breakout to 2500 range as per wave analysis in the month of July .Makes for a good Swing Trade.
RSI is looking very strong indicating heavy buying to be coming in shortly volume and also indicating the wyckoff accumulation which has happened already. It should rise sharp from here.
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.