NSE:RELIANCE   RELIANCE INDS
In the previous post on this stock I mentioned that we should wait till a chart pattern is formed. At present RIL chart is forming an Ascending Triangle pattern which has bullish undertone. Price is at breakout point. A breakout will take price to new height. Measurement of the pattern is 27 point. SL is a must since we don't know what may happen next moment in the stock market.
what may be the stop for current Plus position
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