shiv0110
Long

BUY INVERTED HEAD AND SHOULDERS

NSE:RELIANCE   RELIANCE INDS
THIS CAN BE A PERFECT INVERTED H&S PATTERN pattern is visible after a good down trend the volume pattern is also convincing as left shoulder has the highest volume and right has the lowest . there is 50 DEMA AT AROUND 1279 ONE CAN WAIT FOR atleast an hour candle to close above 50 DEMA
can be bought above 1281 if it is broken with good volumes , do not buy if volume pattern does not confirm price action
TARGET - 40-45 points.

disclaimer - this is my own analysis and i do not intend to induce anyone to buy or sell.

all the best
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out