Religare trend base analysis with support resistance Learning purpose
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Technical indicators are positive and sectorel index and banchmark index out parforme zone enter this stock. 2 hours and day SP break out. Buy and hold position 141, 174, 185, 195
#Religare near to PRZ PRZ-137 CMP:170 @15 November 2021
#Religare long Target -185 PRZ-137 CMP:170 @15 November 2021
Religare has formed a huge bullish candle on charts, watch out for the breakout at 175 Breakout level: 175 Target:200
Just a little retracement till 152 levels Once close below 152 levels... than exit your longs....
it is maing kind flag and pole pattern and made doji at fib 0.618 level and the volume of last candle is also good ...........if there is a green candle like englefing go for the given target
STOP LOSS Below daily candle , target 110 One week.