shivamalang

RELIANCE INDS as on 03.09.2021!!

NSE:RELIANCE   RELIANCE INDS
FALLING WEDGE PATTERN FORMED!!!
Breakout done!!
Pullback done!!
And broke its major resistance level of 2355!!
50 EMA AND 200 EMA LEVEL GIVING A GOOD SUPPORT!!
Volume is also above average !!
Breakout from monthly POC and supply and demand also done!!
Should not be a FAKE BREAKOUT let see Hope for the best!!
TARGET PRICE=2836/2840
STOP LOSS=2174/2170
(The above analysis is only for study purpose do not take it as any buy or sell call)

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