nimbuz90
Long

Reliance -Awaiting Breakout on Symmetrical triangle formation

NSE:RELIANCE   RELIANCE INDS
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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.

Jan 08
Comment: Trade active
Jan 15
Comment: It missed the target by 1 point. Hence closed my position @ 957.
Jan 15
Trade closed: target reached
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