Averoy_Apoorv_Analysis

Reliance - Wait for the levels

Long
NSE:RELIANCE   RELIANCE INDS
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🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
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➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.

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Comments

Will it go up i am holding with 10k loss pls suggest
+1 Reply
@Madzieb9, first of all, If you are holding it that means you have a predefined risk in your mind, if 10k is more loss than what you thought off, simply exit, giving mental pressure is worst in markets, on the contrary bro if you 10k loss is fine with you and can take a bit more too and will be fine and normal with that than you can definitely hold it as it's just a retracement as per my analysis and not a reversal
Chances are it will test the lower trendline and will boom again up :). If it breaks the lower line with power exit but the risk should be predefined bro, it's not about earning more it's about not losing more and earning.
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