Reliance Long above 2630 - TGT - 2800 - SL - 2580

RELIANCE

Open Interest analysis:
1. Short covering is visible in Reliance.
2. 5 day OI change = -4% and price increase 1.3%

Price action:
1. Risk reward ration 3.32
2. Breakout on daily timeframe chart above 2630--

patience: wait for Strong bullish engulfing candle