Long
RELCAPITAL - at Crucial Support
Reliance Capital is on free fall for almost a month and on Friday 13th came down to the crucial support.
Entry: 560
Target 1: 609
SL: 520
Target 2: 683
SL: 576
Entry can be taken when it crosses the day high of the previous candle.
Also, Since the stock is in a downtrend. follow this with strict Stop loss. This is low risk High Reward setup if it reverses from the support.
Entry: 560
Target 1: 609
SL: 520
Target 2: 683
SL: 576
Entry can be taken when it crosses the day high of the previous candle.
Also, Since the stock is in a downtrend. follow this with strict Stop loss. This is low risk High Reward setup if it reverses from the support.
Trade active
Trade Activated.Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.