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