Can the big gun fire?

Updated
Reliance forming saucer and handle. Near key moving averages. RS is just above 0. Can we see a 200-300 point move soon. Keep a close watch on this. This could lead the market higher.
Note
Reliance can move higher. Best buy now at 50 EMA. Targets 2225 adn 2455
Trade closed: target reached
Partial profit booking at 2200 can be done.
Chart Patterns

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