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RELIANCE INDUSTRIES LTD
Long
Updated

RELIANCE at trendline support with a bullish AB=CD

Reliance has retraced 50% from the recent highs and has formed a bullish AB=CD pattern. There is a trendline support as well. Odds favour long.

Buy for 2070-2080 with a stop below 1995.
Trade closed: target reached
There can be still more upside
Trade closed: target reached
Closing bullish call
rohitkaran
Also on:
AB=CDFibonacciRELIANCErelianceindustriesTrend Lines
rohitkaran
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