abandekar

On the verge of break-out

abandekar Updated   
NSE:RELIANCE   RELIANCE INDS
Reliance is trading near the apex of the symmetric triangle. To break-out and continue on an uptrend, it has to close above 1111 to reach a target of 1134.
Trade active:
However if it closes below the lower side of the triangle near the apex, then may reach 1089
Trade active:
Reliance has closed above 1111 and got a break-out.
Should reach the target of 1134 soon
Trade closed: target reached:
Reached the target of 1134.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.