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NeeteshJain
Sep 4, 2016 6:16 PM

Reliance Forming Ascending Triangle on Weekly  

NSE:RELIANCE1W
RELIANCE INDSNSE

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On weekly chart, I observed that the price action is forming a descending triangle, which is a continuation pattern. It is a good time to put this one in our watch list and wait for couple of weeks to see a breakout from this with a high volume.
Ascending TriangleTrianglebreakoutRELIANCE
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