After today's strong breakout at 420 levels and managing to close above that levels provide us a strong bullish signal on its price action. I believe now the price action will move towards the next resistance levels in next few weeks. It is a good time to enter with the reward risk ratio of 1:3 Target 1: 452 Target 2: 470 SL 1: 400
RELIANCE CAPITAL BREAKOUT EXPECTED TOMO ABV 422 WHAT PATTERN IS THIS COMMENT
once traded above the level of 413-414 for 2-3 days, the rally will be upto 465-500
Reliance capital breakout triangle in coming days. Which wave will support it, the MODI WAVE(because in history it was modi wave) Anil mangal sir, please provide your wave analysis, thanks in advance!!
Points noted on daily chart, 1. Harmonics 2. Fibonacci Extension 3. Structure - Bearish Formation
Nice Doji and DT formed here and 2 times it got rejected as it tried to go up. Sell at 400 Sl 415 Tp(1) 380 Tp(2)370. If first target hits move the SL to BE. Happy Trading :)