LONG ON RELIANCE INDS (NSE)
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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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.
Disclaimer
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.