Reliance getting ready to zoom
Updated
A good volume is there in the cash segment of reliance.
On the technical side - RSI is showing good support to this volume.
1980-2000 is good support. Reliance is weak only below 1980 on a closing basis only.
It is a good point to go long with stop loss below support.
On the technical side - RSI is showing good support to this volume.
1980-2000 is good support. Reliance is weak only below 1980 on a closing basis only.
It is a good point to go long with stop loss below support.
Note
And zoom it did. It should cross 2100 very soon.Trade closed: stop reached
have to wait for the base
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