Reliance Daily Positional Analysis CMP 1581 Cup and Handle Brea

Reliance Daily Positional Analysis

CMP 1581 Cup and Handle Breakout is getting ready - Positive news in Stock may break up side

Sl 1400 rs daily candle closing basis

Buy above Closing of 1661

Target 1724- 1800- 1880- 1925- 1985

OI data Says as of now 1600 zone is very strong resistance

if Get near 1520-1540 rs Level can buy with 1480 as Sl for Target 1600+
Comment: As Expected 1600 Zone working as Strong resistance
Comment: As expected Reliance taken Support @ our demand zone 1579 high made from 1540
Comment: Reliance update 1688 high book as per ur comfort
Comment: 1800 Done 2nd Target hit


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