praveen.gupta

Reliance Industries Long @ Rs. 1505 or Below

Long
NSE:RELIANCE   RELIANCE INDS
NSE:RELIANCE

Entry 1505 or below (50% capacity) and 1475 (50% capacity)
Target 1595
SL 1449

RIL is currently trading at App 1507 and it in the 1 Hr demand Zone , Stock is respecting all Demand zones and previously not touched daily DZ. Next daily DZ in the range of 1456 to 1472, below to that next DZ is at 1290 to 1320. This stock is in uptrend and it is respecting all DZ previously So fresh Long position can be taken at 1505 and 1475 levels , 50% of capacity at each level.
Trade active: Price triggered Entry level of both 1505 and 1475, price entered into daily demand zone. my trade triggered at 1470/-
Trade closed: stop reached: SL Hit

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