Black FridayUp to 80% OFF
Reliance Industries Limited
Long

RELIANCE | Small swing opportunity in lower time frame - 9%

980
RELIANCE | Small swing opportunity in lower time frame

CMP : 2028
SL : 1960
Target : 2216

1:3 risk reward setup.

Pros :

Risk reward is good
W Pattern,
Taking trendline support in daily time frame.
Positive RSI divergence

Cons : It also deceiving my eyes with Head & Shoulder pattern
srikartiram
Also on:
Candlestick AnalysisDouble Top or Bottompositionalriskrewardrsi_divergenceswingtradingTrend Linesw-pattern

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Candlestick AnalysisDouble Top or Bottompositionalriskrewardrsi_divergenceswingtradingTrend Linesw-pattern
srikartiram
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.