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raj.zing
Oct 9, 2017 12:26 AM

Relinfra at 471. Buy for 492, 518 and 537. SL 451 Long

RELIANCE INFRASTRUNSE

Description

Buy above 475 for Targets of 492, 518 and 537.

SL 451

Trade active

Trade active now. Trailing SL at 469

Trade active

Trailing SL breached.

For any remaining positions. Keep a strict SL at 451.

Trade active

26/10 0500: touched 451 on an intraday basis. however didnt close below this level on 60 min chart.
451 is acting as a strong support. The price has bounced from this level and closed above both 20 and 50 day EMA. geting close to T1 of 492. Volumes are still lagging though.

Close above 488 with good volumes will take the price over 500

Trade active

Target 1 492 achieved. Book partial profit now.

Trailing Stop Loss at 485.

Trade active

cmp: 502.75. 508-510 seems to act as a strong resistance. 510 is also 200d EMA. Once the price closes above this level a good upmove expected. beyond 537

Trailing SL at 497

Trade closed manually

Trailing stop loss hit
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