Reliance is having a breakout from a long trading range and from a symmetrical triangle, the stock is having the potential to cross all time high 1649, and probably will find a new high in the rage of 2850 in coming years.it was trading in a range between the GANN 3X1 ie:18.75 resistance and 4x1 ie:15deg support line, on having this breakout from the resistance line, it can make a target 1560 and 1650 to the next resistance. Once crossing the all time high and can zoom to 2850 level.
評論
⋅
keep going
評論
⋅
support zone worked well, but is came down to 1295
評論
⋅
all time high also broken
手動結束交易
⋅
The resistance showing a negative divergence.
評論
⋅
Also consider the target achieved 850 x 2 :D
評論
mathewmathew
⋅
good
dinsha
⋅
I need to learn more and will appreciate your help.
padiyara
⋅
@dinsha, welcome:Every day is a learning day, the world is a university and every one is a teacher, and make sure, from every piece of information you get something to learn, then you will learn little by little. Be a rigorous observant That is how complex things are working