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Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
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Reliance triangular pattern breakout in last 30 minutes candle.
Expecting gap up tomorrow
Supply zone @1555-1576
Triangular Pattern Formed
As seen in charts TRIANGULAR BREAKOUT given by the INFOSYS,1hr chart.
one can BUY(LONG) @ 714.55 With Target of 759.6 & would be SL of 684 (hourly closing).
Which brings 1:1.5 Risk Reward Ratio.
Its a swing trade after breakout of the triangular pattern on daily chart it is coming back for retesting keep sl and target as shown in chart and trail it on every target.