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
Note
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%
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