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pradumnasaraf
Dec 11, 2020 12:04 PM

Reliance Formed "Symmetrical Triangle" 

RELIANCE INDSNSE

Description

Reliance formed a symmetrical triangle in the higher time frame. In the long term, the stock has consolidated a lot and there Are good chances we can see some big moves.

Buy above - 2050 - Target - 2180 , 2280 , 2300+

Sell Below - 1930, Target - 1830 (This is short term selling, that's why I haven't mentioned "Sell" in the chart)

This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
Comments
CT143
Good Analysis..
pradumnasaraf
@CT143 Thank You!
PrateekMaheshwari
RIL - 2500 TARGET soon....Extremely Bullish Pattern
sanidhya13
This is clearly a bearish flag pattern of breaks the lower trendline or 1930 levels sell reliance for a target of 1530
Clear pattern clear targets
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