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praveen.gupta
Aug 3, 2019 3:17 PM

Reliance Industries Long @ Rs. 1184.2 Long

RELIANCE INDSNSE

Description

Reliance Industries Long @ Rs. 1184.2
Entry 1184.2
Target 1259.75
SL 1150.35

RIL Broken the demand zone in the recent selling pressure but respected the immediate below level, Now it can be buy at 1184.2 for the Target of 1259.75 Rs 1260 is Strong Resistance observed in CallPut data.

Trade closed: stop reached

Stock opened at Rs. 1168 and touched the SL . closed the position at App loss of 19 points.
Comments
abhi.rus
Wouldn't the demand zone present a strong resistance? Prior support is now turned resistance.
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