Hi to all
this is my fourth prediction.
i found several patterns in reliance chart.
but the cup and handle seems to be valid one.
reliance broken from handle, but from opposite side view
from the recent fall(2855) there is retrace upto (2753)78.6%
so i suggest
1.)using 2565 as stop loss and take entry for 3075.
or
2.)
using 2701.03 as stop loss and take entry after 2755.40 (opening & closing by day candle )
towards the target 3075.
(stratergy :use roll over for every month future expiry . )
i am open to any suggestion.please post your suggestion or comments.
please analyzefrom your end to take entry.
this is my fourth prediction.
i found several patterns in reliance chart.
but the cup and handle seems to be valid one.
reliance broken from handle, but from opposite side view
from the recent fall(2855) there is retrace upto (2753)78.6%
so i suggest
1.)using 2565 as stop loss and take entry for 3075.
or
2.)
using 2701.03 as stop loss and take entry after 2755.40 (opening & closing by day candle )
towards the target 3075.
(stratergy :use roll over for every month future expiry . )
i am open to any suggestion.please post your suggestion or comments.
please analyzefrom your end to take entry.