Reliance Industries
Reliance Industries is reaching in the major support zone from 874-871. This zone has multiple supports of Gann angle (2X1), Gann retracement & Gann SQ9 levels . So, a fresh buy positions can be made at these levels with stop-loss @ 870 on closing basis. The upside targets are 875, 890, 912, 924, 935.
And,
A close below 870 can take this script down towards 813. So, a short positions can be initiated if Reliance Industries gets close below 870 with stop-loss @ 874 on closing basis. Targets for downside are 860, 854, 854, 828, 819, 813.
* All prices mentioned are of Spot price.*
Reliance Industries is reaching in the major support zone from 874-871. This zone has multiple supports of Gann angle (2X1), Gann retracement & Gann SQ9 levels . So, a fresh buy positions can be made at these levels with stop-loss @ 870 on closing basis. The upside targets are 875, 890, 912, 924, 935.
And,
A close below 870 can take this script down towards 813. So, a short positions can be initiated if Reliance Industries gets close below 870 with stop-loss @ 874 on closing basis. Targets for downside are 860, 854, 854, 828, 819, 813.
* All prices mentioned are of Spot price.*
Our longs have been triggered in Reliance @ 872 and the 1st target has been met today itself.....
ReplyDeleteToday in Reliance Industries our trailing stop-loss has been triggered @ 873
ReplyDeleteThis Information is really good and informative. Thanks for it.
ReplyDeleteCheck below links and get useful information.
Reliance Industries
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