kayan9

Buy Reliance post 960,target 1050

Long
NSE:RELIANCE   RELIANCE INDS
Reliance has been trending well in a horizontal range since a long time and the recent correction due to the macro economic monetary policies resulted in a breakout being exhausted and a failed breakout , with NIFTY making a tripple top on hourly charts and other variables looking bullish, A chance to buy reliance again for the breakout of 960 resistance line (Target is measured by the distance between the resistance and horizontal line which forms a rectangular box )

A Tripple top will result in a strong breakout post 960.Lookout,its going to be extremely fast and violent


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