RELIANCE INDUSTRIES LTD
Long
Updated

Reliance Analysis

Reliance has formed a head and shoulder pattern on 4 hour chart, bullish on the stock.

Target 1 - 2540
Target 2 - 2656

SL - 2360

Note
Reliance still holding its position even after a bloodbath on dalal street.
Trade closed: target reached
Target 1 met.
Target 2 closed at 2600

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