As on 15th Sep 2018, Reliance is looking bearish for short term and bullish for long term as per support trend line and fibonacci indicator on daily chart.
SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273
LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229
Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150.
SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273
LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229
Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150.
Trade closed: target reached:
Short term target 1 1240.60 achieved on 17th sep 2018
Trade closed: target reached:
Short term Target 2 1219.80 achieved today on 18th sep 2018
Trade active:
Reliance started moving up exactly after touching target 2
Trade active
Trade closed: target reached:
RELIANCE THIRD TARGET 1200 ALMOST ACHIEVED BY TOUCHING 1201 ON 19/09/2018
Trade active
Trade closed manually