Rel made 1000 but look at RIIL showing support Lets see what happen in riil. Might show support of 420
RIIL trade ideas
RIILRIIL monthly chart at strong resistance from 2012, breakout failure has happened in 2014 and again now at the same levels
follow the price action
#RIIL - Bullish pennant formationRIIL has formed bullish pennant formation on daily chart and is on the verge of breakout. Below 521 can be pattern failure. Once breakout confirms, stock should reach 560-575 zone.
Bullish!!! Bullish!!! Bullish!!!RIIL has made Double bottom and price has crossed above neckline...
Near days we may see below targets :D
Targets are 465/475/482/490+
SL : 440
Note: Do your own study before making any position...
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RIILStock is on verge of huge Breakout.
Need to wait for Monday closing to see how it reacts near this resistance line. But do keep in watchlist.
Ascending Triangle on Reliance Industrial Infrastructure Price is about to breakout from an ascending triangle formed on Reliance Industrial Infrastructure. Good opportunity for long entry. Enter only if price breaks out from the triangle.
#Target 1: 440
#Target 2: 460
Happy Trading!!!
