Reliace Power-Likely Cup&Saucer Breakout
Updated
Reliance Power: Consolidated from 23 levels to 11.While forming the Cup pattern the fall in volume was not drastic whereas while forming the saucer pattern spurt in volume was visibe.
If it sustains above neckline breakout at 22-25 levels is not ruled out taking the stock to 30+ zone.
(for Educational Purpose only)
If it sustains above neckline breakout at 22-25 levels is not ruled out taking the stock to 30+ zone.
(for Educational Purpose only)
Trade closed: target reached
As predicted 30+ Target done
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.