ShreeKrishna

Motabhai Moving again

Long
NSE:RELIANCE   RELIANCE INDS
One can wait for one more drop in the price , as its moving very weak

Once the drop completes and reverse , than Look for buy set up as this Motabhai is going long way up side

and have patience because it will also take few days/ weeks before it makes to target and book on weakness once made to target
Trade active: it just made move up , tats OK , i was expecting an drop , still not convinced with this move
Lets see what happens
Comment: Yes i was not convinced with Friday move up , but now i do have view which suggest its ready for up side move , Up side move in still intact there is no Question in my mind , but one has to wait for reversal on daily with strong candle

I am updating view here
Trade active: Well i do agree this scrip is more manipulated then any scrip

today it made bullish move after tagging the entry price as per 1st forecast in this ,

One can wait for bullish brake out on daily ( for safe trade)

Rest aggressive can look to enter with minimum risk in the position

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