RELIANCE IND: Getting Sloppy

Nov 24, 2018

Notes on the chart.
Do hit the like button.

Regards
Bravetotrade

Nov 24, 2018

Note

On this lower timeframe, I ll keenly observe the price action in the downward sloping channel. I ll look for selling opportunities into the resistance with in the channel; and buying opportunities outside the channel.
I may not be able to update in the live market but I thought its worth sharing this idea with my fellow traders.
Keep Liking.

Nov 27, 2018

Note

Price took support from the channel near 1100 level. I am looking for 1150-1180 move. Stop for this trade is below 1097 which could be point to go short as well.

Nov 28, 2018

Trade closed: target reached