RIIL has given a trendline breakout and is looking good for short term target of 1250. Try to buy at lower price, around 1025-1050 for good risk reward. SL should be below 970 DCB.
If the stock manages to give a weekly closing above 1300, we can see 1500+ levels in the stock. Idea shared for educational purposes only
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1300+ today. 2 months of consolidation before breakout
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1600+ seen in this stock. Currently, trying to retest breakout.