manavtechresearch

RELIANCE BREAKING OUT OF RANGE

Long
NSE:RELIANCE1!   RELIANCE INDS FUTURES
SUMMARY:-
*after taking multiple support@200-sma reliance is now looking to break out of range
*stock is above its hourly 200-sma
*rangebreak and the same time
*100-120 point upmove is expected
*enter @cmp stop@2370 target@2480-2500-2520
Comment:
wait for a hourly close above 2423
once done it will be safe trade

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