pav_technicals

Reliance Long Opportunity

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NSE:RELIANCE   RELIANCE INDS
Cup and Handle Pattern shows an Long Opportunity in RIL. Buy only above 1598 with strict stoploss of 1580.50.
1618 is the first target if sustain above 1618 then very big upside move is possible.
Cup and Handle pattern is bullish continuous pattern since before the formation of it RIL is on bull run this gives more conviction for buying.

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