RELIANCE - Bullish view on reliance
The stock is trading trading above the support zone which is at around 2361 levels giving a swing low of 2309.
Now for a confirm bullish view the stock has to close above 2490 with a strong bullish candle, after which we could see levels of 2600 - the most recent fall.
BUY
ENTRY 2491
STOP LOSS 2455
TARGET 2600
PROFIT 3028
LOSS 1000
QUANTITY 28
R3 2596
R2 2548
R1 2495
---------------- 2447(central pivot)
S1 2394
S2 2346
S3 2293
Now for a confirm bullish view the stock has to close above 2490 with a strong bullish candle, after which we could see levels of 2600 - the most recent fall.
BUY
ENTRY 2491
STOP LOSS 2455
TARGET 2600
PROFIT 3028
LOSS 1000
QUANTITY 28
R3 2596
R2 2548
R1 2495
---------------- 2447(central pivot)
S1 2394
S2 2346
S3 2293
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