Reliance Breakout and Target Analysis

4 255
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. :-) :-)

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。