Abhijeet2912

POINT OF CONFLUENCE SPOTTED ON RELIANCE(15 MIN)

Long
NSE:RELIANCE   RELIANCE INDS
The stock can be seen trading in a triangle pattern and still respect the level of 2015 ๐Ÿ‘€
If there's a breakout of this triangle pattern and a break above the resistance level of 2015 we can expect a good bullish momentum in the stock๐Ÿ‚
This is what i call a point of confluence , one level but 2 PriceAction concepts indicating one bias๐Ÿ‘
Levels are marked on the charts ๐Ÿ“ˆ
Confirm with your setup and Add to your WATCHLIST.

Comments

OPENED GAP UP :(
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BUY ABOVE @2015
SL @2005
Targets @2025 @2035 @2050
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