LONG ON RELIANCE INDS (NSE)
Updated
This analysis is only for educational purposes, Invest at your own risk!
Cheers!
P.S. This is my first publish ever
- A strong uptrend can be seen in Reliance Industries , I personally think that the stock will show an increase in Price and Volume .
- The ON BALANCE VOLUME and MOVING AVERAGE Indicators Suggest an uptrend too.
- Therefore going long on 1459.40 INR (ENTRY POINT ) and targeting for some where between 1510-1550 (EXIT POINT ) could prove to be a positive trade.
Cheers!
P.S. This is my first publish ever
Trade active
The price broke the channel predicted by me ,With the correct stop-loss loss would be evaded
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