Trading Setup for Reliance...

  • Reliance is stuck in a symmetrical triangle from past 3 trading sessions.
  • One can take an intraday trade in it on either of the sides; depending on where it breaks out.
    2166-2194 is a no trading zone, once the stock breaks and sustains below or above these price ranges one can go short or long respectively for a target of 2150 on the lower side and 2210 on the upper side.

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