IDEA1) Triple bottom
2) IDEA VODAFONE merger completed
3) RSI divergence
4) Bollinger band squeeze-- whats next ? When will merger reflect in shareholding?
Jio
reliance....trade with patience!!!reliance has to give a pull back ..if it fails a downslide in nifty can be observed
Reliance Building Up strength - BullishOn weekly chart, it is observed that the reliance is breaking out from a ascending triangle indicating trend continuation and strength in price action. Now it shall reach to 1140-1150 levels before it retaces back.
Target:1140
Stoploss: 1040
