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rohitkaran

RELIANCE at trendline support with a bullish AB=CD

Long
RELIANCE INDS (NSE:RELIANCE)  
rohitkaran Updated   
NSE:RELIANCE   RELIANCE INDS
Fibonacci Trend Lines AB=CD RELIANCE relianceindustries
3
0
fibonacci trendline abcdpattern reliance relianceindustries
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
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