FourSTechnicalAnalysis

RELIANCE Ready For Breakout - Dont Miss This Swing Trade

Long
NSE:RELIANCE   RELIANCE INDS
Hi Friends and Fellow Traders,

The Chart is beautifully setup for a breakout trade.

Good Support Build Up
Consolidation in Daily Price over 50 EMA For Last 4 Trading Sessions
Good Market Structure
Price Needs to Close above descending trendline
Good Risk To Reward Setup
Wait for the price action on a Hourly Candle Closing Basis

Enjoy !
Trade active:
BOOM BOOM
Trade closed: target reached:
Hope You All Enjoyed !!

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