As on 15th Sep 2018, Reliance is looking bearish for short term and bullish for long term as per support trend line and fibonacci indicator on daily chart.
SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273
LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229
Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150 And then it might change to upward trend.
SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273
LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229
Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150 And then it might change to upward trend.
Trade closed: target reached:
Target 1 achieved
Trade closed: target reached:
Target 2 achieved
Trade active
Trade closed: target reached:
TARGET 2 ALMOST ACHIEVED ON 19/09/18
Trade active
Trade closed manually