TradingView
HunnyKhanna
Dec 30, 2018 5:30 PM

Reliance heading for 1168 Long

RELIANCE INDSNSE

Description

Reliance will give a good move tomorrow by moving towards 1132 our first target and than our second target of 1140 and final target of 1168. Time to buy 1140 CE priced at 31 to benefit from the movement. Keep a stop loss at 1120.

Trade active

Trade is still active as we seen consolidation around 1120 level. Hold for important time cycle date of Jan 2, 2019.

Comment

With recovery in price, seeing in the last hour one can continue to hold reliance for above targets

Trade closed: stop reached

Comments
noellorenzblog
How to draw this on chart? What is the rule?
HunnyKhanna
@alexvega006, This is gann square... you need to read a detailed book on this. If you are just asking to draw on the trading view, you just have to select gann square from the options and put it on a certain point on the chart.
More