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Jass_12345

Reliance - Pennant Breakout and ATH breakout !!!!

Long
RELIANCE INDUSTRIES LTD. (BSE_DLY:RELIANCE)  
Jass_12345  
BSE_DLY:RELIANCE   RELIANCE INDUSTRIES LTD.
Chart Patterns Pennant Trend Lines
4
0
chartpattern pennant trendline
Reliance has given a Pennant Breakout with volumes. We can see price moving towards 3800+. Other factors:

1. RSI is above 6o on weekly basis
2. MACD is becoming +ive on higher time frame
3. ATH breakout
4. Volumes is steady

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