AKJ46

Reliance Flag and Pole

Long
NSE:RELIANCE   RELIANCE INDS
NSE:RELIANCE

Hello People!!

I am keeping an eye on Reliance for quite some time now. If you see carefully, Reliance is forming a Flag and Pole pattern and it has been almost an entire year now that it is stuck in the flag.

I'm betting big on the breakout. Quite a safe bet I suppose because SL will be too minimal and Targets would be massive.

I believe this is a good time to accumulate!!. Also, with Reliance venturing into multiple deals and projects, and considering the fact that it has the biggest market cap in India, makes this trade even safer!!


Would be great if you let me know your thoughts!!

*STRICTLY NOT A BUY CALL*

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