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RELIANCE | Small swing opportunity in lower time frame - 9%
RELIANCE INDUSTRIES LTD
Long
RELIANCE | Small swing opportunity in lower time frame - 9%
By srikartiram
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Mar 31, 2021
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Mar 31, 2021
RELIANCE | Small swing opportunity in lower time frame
CMP : 2028
SL : 1960
Target : 2216
1:3 risk reward setup.
Pros :
Risk reward is good
W Pattern,
Taking trendline support in daily time frame.
Positive RSI divergence
Cons : It also deceiving my eyes with Head & Shoulder pattern
Candlestick Analysis
Double Top or Bottom
positional
riskreward
rsi_divergence
swingtrading
Trend Lines
w-pattern
srikartiram
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