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Consolidation breakout
RELIANCE INDUSTRIES LTD
Long
Consolidation breakout
By kartik_subramanian
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Updated
Jun 7, 2021
0
Jun 4, 2021
Relaince has been trading in a range of 300 points between 1900-2200 for the last 10 months. It is finally looking to breakout of this range.
The immediate upside target for this breakout is 2500.
Stoploss for this trade is 2170 on daily closing basis.
Jun 4, 2021
Trade active
Jun 7, 2021
Trade closed manually
Momentum is missing hence trade closed
Chart Patterns
kartik_subramanian
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