RELIANCE Potential Inverted HnS

업데이트됨
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
액티브 트레이드
Trendline broke but wait for retracement.
액티브 트레이드
Strength coming in
액티브 트레이드
2% up from breakout
액티브 트레이드
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
액티브 트레이드
5% Up from breakout level. It is advisable to book out 50% quantity
액티브 트레이드
2,500 achieved
액티브 트레이드
8% up from breakout
액티브 트레이드
One can book rest of the quantity around 2,580 levels
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