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

Comment:

Reliance 2100 from 1556 Power Of Cup and handle Breakout