Reliance Industries - Breaking above Strong Resistance
It is been observed on the daily chart that the price action is breaking above the resistance zone indicating a further move up. It shall confirm the further move up once it closes above 1470 levels on the daily chart.
Target: 1480
Target 2: 1500
Stoploss: 1460
Target: 1480
Target 2: 1500
Stoploss: 1460
Trade active
Trade closed: target reached
Target 1 reached successfully.Trade active
Going sharp to achieve T2Trade active
Inching up to 1500 levels. Ready to book proftsTrade closed: target reached
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Related publications
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.