vraj8597

RELIANCE - Price Action Analysis

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NSE:RELIANCE   RELIANCE INDS
Currently , RELIANCE is taking support at the dynamic trendline. It has already been activated Harmonic Bat pattern with PRZ level 0.886 at 2204.

BUY : If It is continue falling then Buying opportunity will only happen when price holds at 2200 and makes confirmation candle or price has to hold above 2500 level with breakout candle.

SELL : Level of 2400 works as Selling Zone so further falling can see. you can get a short opportunity if any reversal happens at that price or if sustains above 2400 then 2500 again works as resistance so do accordingly.

NOTE : Buyers can wait up to 2200 or any reversal at resistance you can take short with strict SL with good Risk and rewards.
Dagangan aktif:
SELL on rise up to 2200.

Penafian

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