rvbhatt

RELIANCE IND. triangular pattern breakout

Long
NSE:RELIANCE   RELIANCE INDS
Reliance triangular pattern breakout in last 30 minutes candle.
Expecting gap up tomorrow
Supply zone @1555-1576
Trade closed: target reached: Profit booked @1576

Comments

Nice Analysis Ravi.....
+1 Reply
rvbhatt Swapilchoksi
@Swapilchoksi, thanks :)
Reply
@rvbhatt, This was a Indeed GapUp Good catch
+1 Reply
Hi, can we see a correction in coming days to buy at lower levels. Please share your analysis.
+1 Reply
rvbhatt bharatssr
@bharatssr, I am not seeing Reliance below 1320-1420 zone, it is in strong bull run but it will retrace to some extent.
It is advisable to buy if it comes near to these zone with staggering way on dips.
Reply
bharatssr rvbhatt
@rvbhatt, thanks for replying. So strongly u see, this would be the right levels to enter within this month?
+1 Reply
rvbhatt bharatssr
@bharatssr, keep checking the rights issue dates of reliance, that may be the perfect entry for the ones who missed the rally
Reply
bharatssr rvbhatt
@rvbhatt, thank u
+1 Reply
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