chetanpathare

Reliance Breakout on Hourly chart

Long
chetanpathare Updated   
NSE:RELIANCE   RELIANCE INDS
A good breakout on hourly chart can be seen in reliance,
there can be some rally expected, followed by backtesting and then further upwards movement to break the All The Time in next coming days.
Good upside movement expected in coming 6-8 months, after the backtesting
Comment:
backtesting done on 30th December and we see some really bullish candles since last 3 days.

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