On chart, Reliance looks like an excellent "Buy" with a potential 7-8% gain till this Oct series expiry.
Broke the 61.8% retracements and also other strong resistance at 1295 and can possibly go till 1400
Broke the 61.8% retracements and also other strong resistance at 1295 and can possibly go till 1400
Note
Target achieved !!! However, more potential upside as we are in an uncharted territory now. Hold on to the longs with a trailing stoploss ! Expect to test 1500 soon
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.