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balaji_damo
Nov 11, 2017 8:28 AM

Reliance - Long idea Long

RELIANCE INDSNSE

Description

Reliance as corrected well giving good 70 points in our previous short set up.

Now the stock is at 23% which is critical Fibonacci level. It is taking support at current level 880.

If broken then next support will be at 38% and 50% on downside.

This is betting against the trend so Strict SL is important.

Long entry above 880 with SL at 860 for T1 890 T2 900 and T3 920

Trade active

Target 1 reached

Comment

Target 2 reached

Trade closed: target reached

All targets reached
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