Mohanp

Reliance XABCD PATTERN

NSE:RELIANCE   RELIANCE INDS
Reliance Fundamentally strong stock
Case 1 Bearish Side : Now at Closing price 2055 on 17 march 2021 and if it break the trandline then next target seen as 1600-1610 with Stoploss of 2060-65
case 2 Bullish Side : If it somehow manage to break the price 2370-75 Then it may go to the price of 2750-2760 With Stoploss of 2200

Thank You

Comments

if reliance reaches 2700, nifty has to go to 15700+ which may not happen so soon.
Reply
Mohanp piyushin2020
@piyushin2020, yes if nifty somehow manage to close above 15300 then it may possible to reach 15700+
Reply
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