if succeeds in crossing the hurdle 2100's a good upside can be expected, and id resistance proves impenetrable a move towards 1900 cant be denied
can enter long either at CMP ,or to be safe above 243
positional long positions can be taken for target of 565-585 fib levels
At trendline. Breakout possible tomorrow if market supports
Triangle pattern building up , breakout possible above trendline
symmetric triangle pattern observed in reliance. Height of pattern ~ 250 points. Weak below 1900 for intraday strong above 1945 as it will complete double bottom on 30 minute timeframe. Trade accordingly.
if the stock succeeds in penetrating the trendline and the resistance at 144.5, we may see a big move towards 155
....
nifty cracks and then bouncing back from 14000 psychological level, thus proving the resilience of bulls.Though bears are trying their mighty best to prevent recovery of market. #personal opinion
some pattern and trendline , a lot going on for the scrip
a minimum move of 190 points in short duration and in long term a move of 400+ points
can gove good returns in long term once it crosses the zone of 190-200.
forming a weak inverted head and shoulder pattern. But i I am betting on the solid resistance breakout