Reliance Towards Life Time High !
Updated
reliance : 2270.25
trade set up :
1. buy above 2275
2. keep stop loss as 2223 on closing basis
3. targets : 2316/2362/2509+
technical buy based on :
1. multiple time frame price breakout
2. rounding bottom
3. trend line
4. bullish engulfing candle near breakout .
note :
after all targets done successfully on triangle breakout pattern as shared in our previous post for reliance,
now its on the verge of another breakout setup, to test life high.
trade set up :
1. buy above 2275
2. keep stop loss as 2223 on closing basis
3. targets : 2316/2362/2509+
technical buy based on :
1. multiple time frame price breakout
2. rounding bottom
3. trend line
4. bullish engulfing candle near breakout .
note :
after all targets done successfully on triangle breakout pattern as shared in our previous post for reliance,
now its on the verge of another breakout setup, to test life high.
Trade active
Note
2334+ highNote
2362 high new lifetime high and target 2Note
2480 + highTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.