Reliance Breakout and Target Analysis
Reliance has already given breakout and is now retesting its support.
An early entry can be made here with a small SL of 2850 on weekly sustaining basis and target levels are shown in chart.
Also a safe entry can be made above 3050 with same SL and Same Targets.
Targets are concluded based on flag and pole pattern and range breakout pattern and lifetime high resistance.
Also, price can go below or volatile due to FED Meeting outcome next week. So, stay tuned for more insights.
Follow me for more such analysis
Disclaimer: These are analysis done by me for educational purpose and is not a recommendation. :-) :-)
An early entry can be made here with a small SL of 2850 on weekly sustaining basis and target levels are shown in chart.
Also a safe entry can be made above 3050 with same SL and Same Targets.
Targets are concluded based on flag and pole pattern and range breakout pattern and lifetime high resistance.
Also, price can go below or volatile due to FED Meeting outcome next week. So, stay tuned for more insights.
Follow me for more such analysis
Disclaimer: These are analysis done by me for educational purpose and is not a recommendation. :-) :-)
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