RELIANCE is looking good on Daily & Weekly Charts & can move up 9% in coming 50 days. LTP - 2486 SL - 2400 Targets 2750+ Time Frame 2 Months / 50 days. Risk Rewards - 1:4
expecting a bounce up from this demand zone RSI staying above 30 shows existing strength going long with CE 2500, 2600 keep stop loss target as per risk appetite disclaimer - trade at own risk
In daily chart stock had already broke its resistance and overall the stock is in bullish form. It can be consider that the stock will oscillate in this price. In smaller time frame one hour chart the stock movement is slow but it is in the bullish form. So by keeping support level that is 1853 buy and stop-loss can be 10 point lower the support. target can be...