Tiwari-Technical-Trades

Golden Cross on RELIANCE

Long
NSE:RELIANCE   RELIANCE INDS
The Golden Cross - when the 50DMA crosses above 200DMA

This is a bullish signal and a lot of people swear by this cross- for long term wealth generation. This is the perfect time to add RELIANCE to your portfolio

The last Golden Cross on daily charts happened in NOV'15 and has returned 256% in the last 5 years!
Comment:
45 days into this golden cross. RIL has returned 20%

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