raj3elite

Triangle formation on Reliance - Neutral

NSE:RELIANCE   RELIANCE INDS
Triangle formation on Reliance . in this triangle price will break any side, either long or short.
hurdles for Long - EMA 50 acting as resistance and MACD , STO and RSI all showing bearish trend .
Anyway keep until the buy or sell initiate the level.

Trade Idea:
Long
Buy above - 1000
Target 1 - 1006.50
Target 2 - 1012

Target 1 points gain - 6.5
Target 2 points gain - 12 (Total)

Short
Short below - 979
Target 1 - 973
Target 2 - 966

Target 1 points gain - 6
Target 2 points gain - 13 (Total)
Trade active
Trade closed manually
Thank you for your post
Reply
raj3elite ashokm81
@ashokm81, welcome bro...
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out