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CHESTER0707
Nov 12, 2021 2:36 PM

Another simple setup of swing trade. RIL 

RELIANCE INDSNSE

Description

EASY 3% captured till now. More upcoming!! Candle stick shows green signal, rsi shows uptick and the price takes support at the resistance levels and also the most important signal that gave me confirmation to take the trade was the support at the 50EMA.

Comment

So here few very simple rules to be applied while trading is booking timely profits and not staying stubborn to your idea.
Also always try to be flexible within the market, i booked my profits when the indicators turned the other way around, and will patiently wait for re-entering.
Comments
akshar005
I think the price will halt. Higher probability of a consolidation before hitting your target, considering the moment of price swing down towards support. Just a view.
akshar005
@akshar005 *momentum.
CHESTER0707
@akshar005, completely agreed to your view.
akshar005
@CHESTER0707, More power to you brother.
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