#RELIANCE-TRIANGLE PATTERN

RELIANCE IS FORMING A TRIANGLE PATTERN.WE CAN EXPECT A BREAKOUT IN THE PATTERN.
RED LINES ARE LONG TERM SUPPORT & RESISTANCE AND DOTTED LINES ARE SHORT TERM

CONSIDER THESE POINTS BEFORE ENTERING INTO TRADES

• 
  
• WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
  
• SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
  
• FOLLOW NIFTY & SECTORS FOR DOUBLE CONFIRMATION
  
• ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT

FOLLOW FOR MORE TRADE IDEAS