TradingView
ParamjitMahapatro
Jul 7, 2017 10:40 AM

reliance looks bullish in short term. Long

RELIANCE INDSNSE

Description

cup and handle formed in daily , then breakout happened today with above average volume. short term tgt of 1601 is possible here. sl should be below handle low - around 1371.

Trade active

Trade active

it is on the track, till now 1533.75

Trade active

bull run continues ... till now 1551.75, tgt will be achieved soon

Trade active

Big move today, till now 1585

Trade closed: target reached

Today, the target of CnH is achieved in style. One may still continue to hold this to get higher levels, as it is in a strong uptrend.
Comments
Parasuram
Cheers!
ParamjitMahapatro
@Parasuram, Thanks :)
ParamjitMahapatro
@Parasuram, Target got achieved :)
Parasuram
@ParamjitMahapatro, cheers! i think you are leaving something on the table as life time is around the corner.. I know it is safe to book profits... Well done!
padiyara
yah, mee too
i have the similar view for this too
ParamjitMahapatro
@padiyaraa, thanks for sharing your long term view.
NeeteshJain
Yes, it shall reach to 1600 levels. Very good analysis. Keep it up. Thanks
ParamjitMahapatro
@NeeteshJain, thanks for sharing your views :)
ParamjitMahapatro
@NeeteshJain, Today CnH target achieved here. :)
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