supremechart

Trap or Opportunity / Reliance Power

Long
supremechart Updated   
NSE:RPOWER   RELIANCE POWER
"Wait for a Decisive Breakout"

Inverted Head and Shoulder / Large TF
Cup and Handel / Medium TF
Bullish Flag / Short TF

On the larger time frame, we have Head and Shoulder
On the medium time frame, we have Cup and Handel
On the shorter time frame, we have Bullish Flag
With Good volume activity


This trade is High Risk but has a good reward of up to 200%
Plane your trade accordingly (manage position sizing)

Have a nice trading day.

All the best and take care.

Trade closed: target reached:
Can keep trailing stop on low of yesterday

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