Reliance Closing 2420.1 with a stop loss of 2350 & in Upperside target is 2500-2550-2600+.
#Buying Reason.
1 --> Price create a Head & Shoulders Pattern.
2 --> Price is breakout the #Pattern.
3 --> Price is cross the 200 ema.
4 --> Volume is also made the #consolidation move.
5 --> RSI is above 60.
6 --> ADX is showing the Upmove and +DMI is rising.
7 --> Bollinger Bands are Also ready to Open in Upperside.
#Buying Reason.
1 --> Price create a Head & Shoulders Pattern.
2 --> Price is breakout the #Pattern.
3 --> Price is cross the 200 ema.
4 --> Volume is also made the #consolidation move.
5 --> RSI is above 60.
6 --> ADX is showing the Upmove and +DMI is rising.
7 --> Bollinger Bands are Also ready to Open in Upperside.