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AkmeAnalytics
Jun 12, 2021 1:08 PM

[Reliance]: Break and Retest done and Ready for Power Move Long

RELIANCE INDSNSE

Description

Reliance looks strong in the chart and breaks downward trendline and retested followed by a bullish candle.

So, I am looking to go long in Reliance above 2235 with initial Stop Loss @ 2105 for the First Target of 2365 and 2nd Target of 2495

1st target has a Risk-Reward ratio is 1:1 and 2nd Target has a Risk-Reward ratio of 1:2

If my 1st target achieved then, I will trail my SL from 2105 to 2149

Trade closed: stop reached

Comments
nsyadav2956
it go to bullish
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