Reliance Power CMP - 4.70
Looking bullish in higher time frame. One can go for Long Term Investment with the following entry, exit & targets.
Buy Range 4 - 5 / Stop Loss 3
Target 1 - 8
Target 2 - 11
Target 3 - 25
Disclaimer: This is my view and for educational purpose only.
Need bigger laptop for this one can't fit on my screen!! hahaha
alright looking at possible IH&S forming redone is acting as resistance once we break it will run hard
I understand some think this Targets are unachievable, they are outrageous well see for yourself it is down 300% isn't it? so why can't it go up 300%?!
I majorly trade on crypto & this kind of...
After observing a breakout at the strong resistance level of 54 with high volume made this one a good buy. The resistance level of 54 was previously touched 4 times and the price action reversed. But in the recent breakout it made a clear breakout from that level, which makes it a clear winner and buyer.