Reliance CMP 2317 is at strong buying zone. Favorable R:R of 1:2
Also having immediate Potential Fib retracement zones from 2315 to 2280.
Previous swing low of Rs 2250 (~3%) will be stop loss with target of Rs 2500 (~8% and Rs 2550 (~ 11%).
Flag pattern in making! It will take time to break on either side so it's good swing trade opportunity.
Can be bought at CMP and any dip with SL of 217.
Target 275
R:R = 1:2