CG Power and Industrial Solutions in formation of H&S pattern on WTF . Any close below 675 on weekly basis lead to more panic.
For long position, SL - 675 ,Target - 710,749
Contra Call : CG has not violated/close below 34 wMA since 2020 and every time bounced back from here.
34 WMA placed 705.
Reliance exactly taken support and bounced from 61.8% Fibbonachi Ratio. Can be consider for Long Term .
Target - 1285,1308,1330,1350,1375,1400+
SL -1200 on WCB
