praveen.bhatiya

Pitchfork Trade

Long
praveen.bhatiya Updated   
NSE:RELIANCE   RELIANCE INDS
The price movement are captured nicely by the pitchfork . After breaking the ML it has retested it and now bouncing from the ML so price may try to touch the upper Median Line in due course. One can initiate the long trade here with the target as UML.
Entry : 924
Sl : 919
Target : 940
Risk/Reward : 2.5

Disclaimer : All stock recommendations and comments are my personnel view please take financial consultancy for trading decision.
Trade active
Trade closed: target reached

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