estockmarket

Reliance:: Mid term Bullish Channel Break Up

Long
NSE:RELIANCE   RELIANCE INDS
Reliance ,as we can see this stock still perform bullish channel with holding CSR (expecting not break CSR after stock result), and aim for mid term bullish projection. So we can wait for resistance "Bullish Confirmation Breakout With Volume"

If this stock post bad results, support at 821-767. Also i am not bullish for long term, might be correct 767-662 (expecting mid term higher high).

R1 R2 R3 R4 R5 R6 R7
880 901 935 970 991 1025 1081

S1 S2 S3 S4 S5 S6 S7
811 790 756 721 700 666 610


Cheers!
Comment:
Revise sl 932-935, wait for pullback and accumulate it for 991-1081

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