Reliance double bottom. Short term swing trade
Reliance has formed the double bottom formation.
Consider it as trend reversal.now one can initiate swing trading with stop-loss 2295 on closing basis.
Target is sell on rise at every 5% gain with 20%, of holding.
Rsi has in oversold zone,giving an opportunity for long-term accumulation.
Consider it as trend reversal.now one can initiate swing trading with stop-loss 2295 on closing basis.
Target is sell on rise at every 5% gain with 20%, of holding.
Rsi has in oversold zone,giving an opportunity for long-term accumulation.
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