Reliance Industries - Exiting Channel

Reliance Industries has had consolidation since around last 4 months, now exiting trading range.
Buy for swing trade targets of 2280
CMP = 2134
Stop Loss = 2060
R:R = 2:1

Disclaimer: We have active position in the security.

Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
Trade active: Stop Loss revised @ 2125. Looks like target will get achieved in next 10 days or so.
Trade closed: stop reached


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