eternallearner

EVER RELIABLE RELIANCE

Long
eternallearner Updated   
NSE:RELIANCE   RELIANCE INDS
triangle correction completed on 31st May.Went up then retraced to facilitate long entry!! If you are still out,then don't think-ACT. It is unlikely to gove further opportunity. Buy >2118-20 SL 2070(recent swing low)/target- SEAT TIGHT.
Comment:
Though level triggered in the opening,did not entered into long trade.I don't execute trade based on 1st 15 m.Only enter if 1st 15m hi/lo is broken again. However trade is same.BUY>2120.If gaps up,wait 1st 15m.Enter on break of 1st 15m high or on slight decline if that hih is far from the trigger level.TRADE SAFE.
Comment:
stopped out today.
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