NSE:RELIANCE
NVIDIA inks partnerships with Reliance
buy entry is sustain above 2460 level.
Target is 2500 to 2530 in short term.
and also NSE:RELIANCE "stock is trying to form the triangle pattern."
Entry is one day candle break and sustain above the triangle top level.
Target 1 is 2600 to 2630.
Target 2 is 2700 to 2730.
Target 3 is 2800 to 2860.
stop...
Great chance for accumulating stakes in nvidia corp!!
as you can see from the chart the script is forming higher lows in 1hr time frame
it has also formed a bullish hammer today which is supported by strong volumes and RSI
Nvidia has taken support from
1) 61.8% Fibonacci retracement level from the lows of gap up point of October 25 to high of Nov 22
2) 38.2% Fibonacci retracement level from the 16 Feb 2021 breakout level to the highs of Nov 22.
3) Trend line formed by connecting highs of Feb 16, July 6, and Aug 30
NASDAQ:NVDA
