Long on Reliance
Updated
1. 4th time approaching the top of the Channel.
2. If the Weekly price is sustaining above 2560.
3. RSI moved below 40 & reenter into 40, which may bullish sign.
Reliance may break the Channel @ 2650 and take some time to break 2750.
2. If the Weekly price is sustaining above 2560.
3. RSI moved below 40 & reenter into 40, which may bullish sign.
Reliance may break the Channel @ 2650 and take some time to break 2750.
Note
Trade active
Channel Break-out 2650Trade closed manually
This view is not valid due to the Demerger of RELIANCE
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