Relaince Ind Infra 2 year cup breakout
Updated
RIIL trading at 1348 has broke its neckline of 1293.
It has crossed its 14 year high.It can also be consider as cup and handle. cup of 12 year and handle of 2 year. As per cup handle Pattern following is the target.
Fisrt target of 1800
second target of 2300
If it retest its Neckline then it will be a good oppurtunity to accumulate it.
This is for Educational Purpose. Not a Buy/Sell Recommendation.
It has crossed its 14 year high.It can also be consider as cup and handle. cup of 12 year and handle of 2 year. As per cup handle Pattern following is the target.
Fisrt target of 1800
second target of 2300
If it retest its Neckline then it will be a good oppurtunity to accumulate it.
This is for Educational Purpose. Not a Buy/Sell Recommendation.
Trade active
It is trading at 1372. It might Retest its neckline. 1270 can be considered as stop loss on closing basis.
This is for Educational Purpose. Not a Buy/Sell Recommendation.
Trade active
Almost a 10% move last week. It is now trading at 1513.
This is for Educational Purpose. Not a Buy/Sell Recommendation.
Trade active
It is trading at 1389 now. It had made a dip from a high of 1605. look like it will consolidate here before moving to 1605 n 1800.It is still in up trend channel.
This is for Educational Purpose. Not a Buy/Sell Recommendation.
Note
It moved 9% today.It is following the upward trend channel as mentioned earlier.
Trade active
1150 weekly closing below this should be consider as stop loss.
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