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chirag_Khasiya
Jan 2, 2021 2:31 PM

Reliance is waiting for breakout(Add in watchlist) Long

RELIANCE INDSNSE

Description

Reliance is looking positive after completion of a corrective wave at 1855.
Now breaking above wedge line will leads to given targets in coming days.
wait for breakout above upper wedge line OR if closes above 2000.
- Wait for breakout
- Closing below lower wedge line will be SL.
Comments
sharan111
what can be the target?
shacks420
What is the projection on 19th look like
jainkanti
Any further update about reliance
chirag_Khasiya
@jainkanti, Trade was not activated. Ignore it as of now.
rajeshshirish
Poor price action. Not a single follow up candle since 2 months. Nowhere near support or resistance. Short strangle may be applied until it breaks out 2087 or breaks down 1835. In my view, there are no sellers and no buyers.
Vikramdalvi
Possibility of break down is more because of insider trading news
shakticrp
@Vikramdalvi,

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