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Muhammed_Nihal

#RELIANCE-TRIANGLE PATTERN

Short
RELIANCE INDS (NSE:RELIANCE)  
Muhammed_Nihal  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns Triangle priceaction priceactionanalysis RELIANCE
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trendanalysis chartpattern triangle priceaction priceactionanalysis reliance
RELIANCE IS FORMING A TRIANGLE PATTERN.WE CAN EXPECT A BREAKOUT IN THE PATTERN.
RED LINES ARE LONG TERM SUPPORT & RESISTANCE AND DOTTED LINES ARE SHORT TERM

CONSIDER THESE POINTS BEFORE ENTERING INTO TRADES

  • WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
  • SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
  • FOLLOW NIFTY & SECTORS FOR DOUBLE CONFIRMATION
  • ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT

FOLLOW FOR MORE TRADE IDEAS
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