NSE:RELIANCE
1 HOUR CHART , PRICE CURRENTLY SUPPORT @ 50 mvwap &,PREVIOUS GAP (1960-1974).
IF PRICE MOVES ABOVE 100 MA WITH VOLUME EXPANSION,THEN NEXT RESISTANCE IS AT 2280 (POSSIBLY FORM A HIGHER HIGH/HIGHER LOW FORMATION)
IF PRICE FALLS BELOW 1916,THEN NEXT SUPPORT IS @ 1795.
NSE:LT
(FOR LEARNING PURPOSE ONLY)
Price above 100 EMA & 50 MVWAP
ADX is rising & above 30
Expanding volume on up movement & Declining volume on down movement
ENTRY
BUY WHEN PRICE CROSSES & CLOSES ABOVE 990 (WITH EXPANDING VOLUME)
TARGET 1150
