GAP UNFILLED- CATCH IT BEFORE IT RUNS- TRADE FROM 05/11/2018

RELIANCE

Stock is depicting two important patterns:
1. TRIANGLE PATTERN
2. GAP UNFILLED (Between the levels of 1114.80 to 1140.00)

So following levels will be helpful to trade the stock
1. When the stock breaks the level of 1063.00 (on downside) then enter a short trade for a target of 1055.00 followed by 1050.00 then by 1030.00
2. When the stock breaks the level of 1081.00 (on upside) then enter a long trade for a target of 1093.00 followed by 1114.80 then by 1140.00, here we are going to take the benefit of gap being getting filled from the levels of 1114.80.
(Those who are going to take a conservative trade and can wait for the stock to come to apt levels can initiate a long trade from 1114.80 for the target of 1140.00)

Trade with appropriate levels and don't rush on taking unnecessary trade.

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WE ARE IN SWEET 9 POINTS "GAIN"
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HOLD THE SL TIGHT AND PACKED


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