Still_Learning_Akhil

Reliance Analysis. Must look..plzz tell what you think.

NSE:RELIANCE   RELIANCE INDS
Reliance was in a downtrend now from 12 Jan and started retesting...if it fails in retesting short the trade and if it breaks the trend line buy the trade.. wait for trend line breakout. Don't immediately take positions wait for some time and take position when it starts shooting up or down.. use 15 minute strategy also and once analyze it on your own.
Thanks.
Comment:
Target 1 Reached. Going for retest but at Rs 1941 it is having a resistance. If u wanna take a buy position than take after few minutes of crossing 1941 rs and adjust targets according to you... take trend line the maximum target/.
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.