Head and shoulder pattern is clearly forming in RIL. Check out the chart for levels.
ความคิดเห็น:
Wait for the breakout of H&S pattern with volume before taking any fresh positions. Also similar pattern is forming in different timeframes. Do your own analysis before taking any positions.
ความคิดเห็น:
As expected the breakout has occurred in reliance although we need to wait for the candle closing to check whether the breakout is valid or not. Also keep an eye on the volume.
ความคิดเห็น:
1916 and 1900 could be the levels where Reliance can get some support.
ความคิดเห็น:
05/04/2021: Breakout failed, stock managed to close above neckline on daily basis.
ความคิดเห็น:
Still bearish on RIL, Let's see.
ความคิดเห็น:
Gap down breakdown in RIL, let's see whether it can sustain this level or not.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร