StockRAI

RELIANCE | Inv. Head & Shoulder

Long
StockRAI Updated   
NSE:RELIANCE   RELIANCE INDS
Go long if inverted H&S holds true. Target comes @ 960. However, there's a resistance @ 955 and so once the stock reaches 955, it's better to either use trailing stop around 955 and hold till 960 or liquidate longs.
Comment:
Hourly close above 930 would be a huge boost.
Comment:
Break looks solid. 955/960 in sight.
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