RELIANCE INDUSTRIES LTDUpdated RELIANCE - Sitting at Crucial levels!
Overview & Observation:
1. Price is sustaining around the upper channel.
2. RR not favourable
3. If the price holds around current levels, a long position can be planned.
4. Wait for confirmation of a healthy breakout and candle formation.
W TF:
Trade Plan:
Entry Point: Post-breakout confirmation around 3000.
Stop Loss: 7-8%
Target: 10-12%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Price is sustaining around the upper channel.
2. RR not favourable
3. If the price holds around current levels, a long position can be planned.
4. Wait for confirmation of a healthy breakout and candle formation.
W TF:
Trade Plan:
Entry Point: Post-breakout confirmation around 3000.
Stop Loss: 7-8%
Target: 10-12%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Trade active
Entry triggered...Note
3100 Hit✌️
SL can be trailed to this week's candle low around 2875.⚡
3200 next stop then 3300 final stop✅
Note
3200 hit ✅✌️
Anubrata Ray ⚡
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.
Anubrata Ray ⚡
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.