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Thestocktechnicals
Aug 8, 2021 4:33 PM

RELIANCE 1hr analysis Long

RELIANCE INDSNSE

Description

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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