Reliance Industries - Stock moving in triangular pattern.
Less likely chances it will continue to fall as volumes do not support.
I'll wait and watch for a reversal signal here, and enter only after confirmation for a target of 2280 levels, SL of 2200 and entry at 2230.
If in case it falls below the triangle, there is a strong support of unfilled gap in 2160-2180 levels.
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Less likely chances it will continue to fall as volumes do not support.
I'll wait and watch for a reversal signal here, and enter only after confirmation for a target of 2280 levels, SL of 2200 and entry at 2230.
If in case it falls below the triangle, there is a strong support of unfilled gap in 2160-2180 levels.
Note - Views only for educational purposes. We do not provide any calls / paid services, and all material is free of cost and strictly for educational purposes. Enter financial positions only after your risk assessment and due diligence.
If you benefit from our material, we request you to donate 1% of profits for education of poor children.
Trade closed manually:
No entry signal triggered,