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