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Everything mentioned on chart...
RIIL 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 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.
2 breakout with good volume, Looking for 600+ level in coming session
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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TARGET 404.02 SL 430.50
Stock 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.