Reliance in a BUY zone

Dec 2, 2023

Buy trigerred in Reliance after a long consolidation.
Entry - 2400
Target 1 - 2600
Target 2 - 3000
SL - 2350 on daily closing basis.

Time frame -> 2 - 3 months.

Disclaimer - Not a SEBI registered. Do your own analysis before investing!!

Jan 16

Trade active

Target 1 - 2600 Achieved

Target 2 :
Today Reached high of 2792. I am expecting 2820 - 2856 with in this week. Before next upmove there will be retracemnt upto 2620 from 2820. plan accordingly

Jan 30

Trade active

Rally towards 3000 is in progress, there will be retracement due to 7% rally. but target intact due to break out & Wave 3. keep trailing ur SL.

Feb 2

Trade active

Current price is 2900, Trade is active, Trail ur stoploss. there will be retracement till 2620 - 2580. Plan accordingly

Mar 2

Trade closed: target reached

Reliance achieved my target of 3000. but we can see the momentum and expect to go higher. trail the SL and hold based on ur decision.