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srikartiram

RELIANCE | Expecting breakout it is having some decent support

Long
RELIANCE INDS (NSE:RELIANCE)  
srikartiram Updated   
NSE:RELIANCE   RELIANCE INDS
Support and Resistance Supply and Demand Trend Lines spread options-strategy bullcallspread swingtrading positional limitedrisk
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supportandresistance supplyanddemand trendline spread options-strategy bullcallspread swingtrading positional limitedrisk
RELIANCE | Expecting breakout as it is having some decent support | Lets experiement a limited risk option spread similar to what we did in BANKNIFTY

CMP : 2060
SL : 2000
Target : 2170,2335

Since RELIANCE is strong and heavy weight stock its worth trying F&O if you are aggressive trader.

Buy 2100 CE
Sell 2150 CE or 2200 CE
Trade closed: target reached

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BANKNIFTY | Looks strong for another 4000 points rally (No F&O)
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