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Simple Trade Setup | Reliance | 30-08-2021
RELIANCE INDUSTRIES LTD
Simple Trade Setup | Reliance | 30-08-2021
By Trading_hawk
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Updated
Aug 30, 2021
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Aug 29, 2021
RELIANCE
Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) If it breaks the RSI trendline on 15min time frame and breaks the trendline on price chart then it will be quick buy entry.
4) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Aug 30, 2021
Trade closed: target reached
RELIANCE
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