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RELIANCE INDUSTRIES LTD
Pembelian

LONG

Oleh Slumkyabtrader
Diupdate
RELIANCE
Entry at above the 2554.8
Stoploss will be at the price of 2517.5
Target will be at the price of 2658.25
The Reliance is one of the Nifty 50. At the present , the Nifty-50 is the strong uptrend.
Also Reliance did break out minor a strong resistance and Cup and handle pattern. The last day had a strong bullish candle. That candle indicates had a huge buyer coz it was demand zone.
Last three days of trading hours , the Reliance prices are going up and also increasing the volume too.
[12th June :2.95m Volume ]
[ 13th June :5.191m Volume ]
[14th June :6.128m Volume ]

As comes to risk and reward ratio, stoploss will be 38.5 points in percentage 1.51% and target will be 105.55 points in percentage 4.13%.

Only for education purpose.
Catatan
Be ready book the Reliance the Profits.
Catatan
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