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RELIANCE INDUSTRIES LTD
Long

Reliance -Awaiting Breakout on Symmetrical triangle formation

By nimbuz90
Updated
A breakout is imminent on the upside. Bulls have gained support as shown. Wait for the breakout to happen and then enter on confirmation signal bar on lower time frame with respect to rising volume.

For study purpose.
Thanks.

Note
Trade active
Note
It missed the target by 1 point. Hence closed my position @ 957.
Trade closed: target reached
Chart Patterns
nimbuz90

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