Thestocktechnicals

RELIANCE 1hr analysis

Long
NSE:RELIANCE   RELIANCE INDS
RELIANCE has broken a trendline and got
rejected by the first resistance, now it has
reached it's trendline to retest, There's a possibility
that it will reach the resistance level in order to break it
2150 i.e- resist zone can be the first target
Trade active: 1st target reached, let's see if it breaks the resistance
Trade active: broke the resistance zone as we anticipated, and now it came to retest the zone
2250 can be the next target
Trade closed: target reached: 2nd target reached

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