RELIANCE INDUSTRIES LTD
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RELIANCE ------ 2 hrs analysis

so many traders are confused about reliance tradesetup so here is the price action based analysis on 2 hour time frame
1.RELIANCE is respecting bulllish channel .
2.can brake now for taking support
3. or move upward as shown in chart through arrow ,then retrace then will brake resistance and will show upward movement
Catatan
as i marked the upward arrow stocks performed the same
Catatan
as i marked the downward arrow stock performed the same
Catatan
reliance is in range now look for range trading
Trading ditutup: target tercapai
firstly upward move gave 32,320 per lot
secondly downward move gave 24, 745 per lot
Catatan
now in range we can see upward move soon

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