manavtechresearch

RELIANCE AFTER MONTHS OF CONSOLIDATION GIVES A BREAKOUT

Long
NSE:RELIANCE   RELIANCE INDS
RELIANCE BREAKOUT IN WEEKLY CHART
-indicators are showing strength
-rounding bottom breakout
-upside potential is high
-previous range from 1830-2370
-extended on the upside and based on fibonacci levels
-target can be raised to 2700-2900


RELIANCE OCTOBER FUT/SEPT FUT
BUY@2385-2390
STOP@2265
TARGET-1@2485
TARGET-2@2560
TARGET-3@2650

-target may be raised in future
-fibonacci levels to be tracked

"trade according to your risk appetite'
Trade active:
first target achieved in reliance futures
i am adding on dips to my open position
trade according to your risk appetite
Trade closed: target reached:
ALL THREE TARGETS DONE

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*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
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