reliance ind looks bullish in short to medium term
Updated
In daily, after a 6 months long consolidation price was able to break out of horizontal channel with good volume. Then it came down to retest the resistance level , now moving higher.
with a sl - 920, tgt1 - 1060, in weekly and monthly it is in strong uptrend, so one should ride the trend with a trailing sl.
with a sl - 920, tgt1 - 1060, in weekly and monthly it is in strong uptrend, so one should ride the trend with a trailing sl.
Note
cmp - 1128.65, tgt1 of 1060 already achieved. It is in strong uptrend, more higher levels coming here.
Trade active
cmp 1226, till now 28% gain , cheers.
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