Reliance - At A Breakout
已更新
The stock has been moving in a parallel channel for the last 2 months. Now comes to breach upper level. If crosses the channel and sustains above, may go to 2375 or even 2500 in coming sessions.
If sustains below 2290/80, will go weak.
The risk-reward ratio is very good at this point.
This is only my personal view for learning and sharing purposes, not a trading recommendation in any form.
All the best.
If sustains below 2290/80, will go weak.
The risk-reward ratio is very good at this point.
This is only my personal view for learning and sharing purposes, not a trading recommendation in any form.
All the best.
註釋
Reached the first target of 2375.註釋
On its way. Crossing 2410.註釋
Reached the second target of 2425. Keep watching.註釋
Reached 2470. Towards 2500.交易結束：目標達成
Reached 2500.註釋
As I anticipated, the price reached 2575. Analysis completed.
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