SUMMARY FOR RELIANCE
-stock has formed multiple tops and bottoms on weekly chart
-a break in a falling trendline is possible
-wait for a confirmation
-we are about to enter the supply zone
-a weekly close above the supply zone will lead to re-rating in the stock
"WEEKLY CLOSE ABOVE 2240 IN FUTURES /SPOT IS IMPORTANT FOR NEXT EXTENSION"
"WAIT FOR A CONFIMRATION"
"YOU CAN BUY ON A THROWBACK"
RELIANCE JUNE FUT
BUY@2240-2245(WAIT FOR A CLOSE ABOVE 2240)
STOP@2175
TARGET-1@2343
TARGET-2@2425
TARGET-3@2478
QTY="YOUR CHOICE'
NOTE:-
-MANAGE RISK
-DO NOT OVERTRADE
-DO YOUR OWN RESEARCH