Ravi_Singh_Chauhan

Reliance Industries - Is Lion roar ahead ?

Long
NSE:RELIANCE   RELIANCE INDS
NSE:RELIANCE right now is trapped in two price action patterns. First one is the rising channel /range pattern ( T1 & T2 ) in which it may take its 5th support and then continue to soar. Second one is the falling wedge pattern ( T3 & T4 ) that may push the price down once again to take the support at T2 & T4 at point 1.

Wait for the clash between the Bulls & the Bears and let the price action decide whether to execute the plan or not.

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