RELIANCE INDUSTRIES LTDDiupdate Stock analysis #1 Reliance Industries
Reliance Industries is one of the most heavyweight and most recognize stock of nifty50. I am analyzing reliance from last 2-3 weeks and i found above patterns and each patterns perform very well. Now Reliance is in a ascending triangle also from last couple of days overall market sentiment is confusing, so trade the breakout side with proper stoploss and target.
Note-
Their is two possibilities :-
> Ascending triangle breakout
> Trendline support breakout
In first case we can go long and our target will be near 2440-50 level with a stoploss of 2400.
In second case we can make a short position for the target of 2780-70 and our stoploss is above 2410.
Note-
Their is two possibilities :-
> Ascending triangle breakout
> Trendline support breakout
In first case we can go long and our target will be near 2440-50 level with a stoploss of 2400.
In second case we can make a short position for the target of 2780-70 and our stoploss is above 2410.
Trading ditutup: target tercapai
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.