Does Reliance will test 2850-70 Level
Updated
As per technical Analysis Looks Like Reliance will Face resistance Near 2805-10 level and if its break with volume then probably we can see 2920-2960 level but currently its look difficult.
if anyone is ready to take risk then Go with Hedge Position.
Buy Reliance 2780 CE Near 43-44 and Sell Reliance future Near 2786-88 Level Stop Loss 2805
Target 2730,2700
Investment required -42000
Maximum Loss - 6000
Profit upto - 14000
Only for Educational Purpose.
if anyone is ready to take risk then Go with Hedge Position.
Buy Reliance 2780 CE Near 43-44 and Sell Reliance future Near 2786-88 Level Stop Loss 2805
Target 2730,2700
Investment required -42000
Maximum Loss - 6000
Profit upto - 14000
Only for Educational Purpose.
Trade closed: target reached
Profit booked
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