This is a long term analysis on Reliance Industries on 2 hours TF
Buy only above breakout pivot range [2447 to 2447] [ above 2494 ]
For swing position target will be 2689
For long term holding , buy on major breakout above 2689 , targets projected using Fibonacci levels are 3003/3320/3515
Long term investors should exit if Stoploss pivot range breaks [ 2246 to 2124] <below 2124>
Buy only above breakout pivot range [2447 to 2447] [ above 2494 ]
For swing position target will be 2689
For long term holding , buy on major breakout above 2689 , targets projected using Fibonacci levels are 3003/3320/3515
Long term investors should exit if Stoploss pivot range breaks [ 2246 to 2124] <below 2124>
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