Reliance Industries Long @ Rs. 1162.0
Entry 1162.0
Target 1264
SL 1143.35
RIL stock is trading above demand zone and demand is likely to continue.
Last two days gained significantly and followed by a dozi signal which indicate balance of power.
It may open on higher with strong demand on 13 Aug. In options data Rs1200/- looks the only
hurdle to reach the target. My last trading idea on reliance reached to target price in two trading sessions. Looks a safe trade for the coming week.
RELIANCE
Entry 1162.0
Target 1264
SL 1143.35
RIL stock is trading above demand zone and demand is likely to continue.
Last two days gained significantly and followed by a dozi signal which indicate balance of power.
It may open on higher with strong demand on 13 Aug. In options data Rs1200/- looks the only
hurdle to reach the target. My last trading idea on reliance reached to target price in two trading sessions. Looks a safe trade for the coming week.
RELIANCE
Trade closed: target reached:
Target Priced Hit in 1 Trading session.
