RELIANCE : BULLSIH
Updated
case study
view: Bullish
-> Descending triangle breakout (NEUTRAL CHART PATTERN)
-> upside breakout indicating -> go long
-> triangle range of almost 7 months
-> CMP above 50,100,200 EMA indicating Long
-> add on dips till 2440
-> follow strict Sl & targets
view: Bullish
-> Descending triangle breakout (NEUTRAL CHART PATTERN)
-> upside breakout indicating -> go long
-> triangle range of almost 7 months
-> CMP above 50,100,200 EMA indicating Long
-> add on dips till 2440
-> follow strict Sl & targets
Comment
the RRR for each targets will be T1 : 0.9 ;
T2 : 2.2 ;
T3 : 3 .
Trade active
TARGET 1 REACHED , HEADING TOWARDS TARGET 2 , BOOK 50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.