Reliance - Descending Triangle formation
Reliance Industries have formed the Descending triangle pattern.
As the market is showing bearish sentiment, below 2060, we can expect a quick fall till the 2000 levels and may take a small "U" turn.
If the stock miraculously managed to break 2120 levels after a retest in the break out level, it can go upto 2250 levels.
Kindly share your valuable thoughts.
Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
As the market is showing bearish sentiment, below 2060, we can expect a quick fall till the 2000 levels and may take a small "U" turn.
If the stock miraculously managed to break 2120 levels after a retest in the break out level, it can go upto 2250 levels.
Kindly share your valuable thoughts.
Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
ノート
its going near the target levels :)トレード終了: 利益確定目標に到達
It broke all target levels and flying high..Hope all of you earned great profits
Thank you
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。