All the trend lines drawn on the chart are trend lines with multiple reactions.
Stock has recently taken support off a trendline and is approaching the next one.
Upon breakout of that trendline, we can see another leg up for Reliance.
I will keep two stop loss points in this trade. I am carrying this in cash(not in F&O).
This is simple price action and trend analysis.
See my remaining charts for understanding price action and trading psychology.
Stock has recently taken support off a trendline and is approaching the next one.
Upon breakout of that trendline, we can see another leg up for Reliance.
I will keep two stop loss points in this trade. I am carrying this in cash(not in F&O).
This is simple price action and trend analysis.
See my remaining charts for understanding price action and trading psychology.
交易進行
1950手動結束交易
Kept position too long and it is currently in a consolidation zone. Stock is not trending. Will re-enter when stock starts to trend.註釋
1988免責聲明
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