Reliance form Head & Shoulder pattern & coming near support.

Updated
Hi Swing/Long Traders,

  • Reliance form Head & Shoulder pattern on daily chart
    Coming close to near important support zone from here it has reversed 2 to 3 times .
    Buying can be done in support zone with strict stop loss of Rs 1012 & for target Rs 1295 mentioned in chart. Risk to Reward for this trade is 1:2.5
Trade active
Reliance stock has enter in support zone as mentioned in chart & it reversed with strong big Green candle.Can go Long with every Dip in prices.
Head and ShouldersSupply and DemandSupport and Resistance

Also on:

Disclaimer