Reliance Breakout

2021년 5월 16일

Increase in Oil prices coupled with the breakout on the chart is a good confluence.
Retest has been done nicely.

Reliance was holding up the market on last trading session.
Can expect this to continue for a few more trading sessions (2-3 trading sessions)

Use Halftrend for trailing stoploss. RELIANCE

2021년 5월 16일

노트

Keep strict stoploss as we can see strong continuous upper wick rejections