This week Reliance Industries is about to reach an important juncture where time & price are going to squared in the zone of 1234 - 1216.
Keep an eye on this zone, as multiple supports are there Time price squaring + WC2 + 50% + Range squaring + Gann angle + Gann Sq of 9 level.
My stop-loss would be @ 1205 on closing basis. Targets are 1251, 1276, 1311, 1347, 1411.
A close below 1205 will open the gates for 1186,1150, 1111, 1101.
Keep an eye on this zone, as multiple supports are there Time price squaring + WC2 + 50% + Range squaring + Gann angle + Gann Sq of 9 level.
My stop-loss would be @ 1205 on closing basis. Targets are 1251, 1276, 1311, 1347, 1411.
A close below 1205 will open the gates for 1186,1150, 1111, 1101.
**The above readings are for educational purpose only.**
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict SL. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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