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kartik_subramanian

Consolidation breakout

Long
RELIANCE INDS (NSE:RELIANCE)  
kartik_subramanian Updated   
NSE:RELIANCE   RELIANCE INDS
Chart Patterns
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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.
Trade active
Trade closed manually:
Momentum is missing hence trade closed
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