Keshav2329

RELIANCE INDS LONG 1W

Long
NSE:RELIANCE   RELIANCE INDS
A Triple bottom (encircled in the chart) can be seen on the weekly chart of Reliance Inds . RSI shows good momentum in the stock. MACD giving bullish signs. I would recommend a LONG swing on Reliance Inds .

Target 1: 2140
Target 2: 2194
Target 3: 2320 (A long jump is expected after crossing target 2)

Stop Loss: 1927

Note: Trail your stop loss to avoid losing achieved targets.

Just for educational purpose.
Trade closed: target reached: Target 2 reached in just 2 days!!!!!!!! Trail stop loss (2140)... Book half profits for safe play.
Trade active: Crossed target 2 marginally, but didn't sustain above it. All those who took entry at our levels, sell 50%, hold 50%.
Target 3 is on!!!!!
Trail stop loss at 2140....

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