RELIANCE Potential Inverted HnS
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Reliance is in the process of forming an Inverted Head and Shoulder pattern. One can enter on the break of the Trendline. The stock is also at the Important Fib level of .5 and .618 of the previous up move so that adds confidence to the trade
交易進行
Trendline broke but wait for retracement.交易進行
Strength coming in交易進行
2% up from breakout交易進行
Today's fall was on back of higher volume. If you want to enter, wait for the retest of 50 or 200 DMA. They will provide support to the stock交易進行
5% Up from breakout level. It is advisable to book out 50% quantity交易進行
2,500 achieved交易進行
8% up from breakout交易進行
One can book rest of the quantity around 2,580 levels交易結束：目標達成
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