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StockRAI
20 nov 2017 08:26

RELIANCE | Inv. Head & Shoulder Lång

RELIANCE INDSNSE

Beskrivning

Go long if inverted H&S holds true. Target comes @ 960. However, there's a resistance @ 955 and so once the stock reaches 955, it's better to either use trailing stop around 955 and hold till 960 or liquidate longs.

Kommentera

Hourly close above 930 would be a huge boost.

Kommentera

Break looks solid. 955/960 in sight.
Kommentarer
R-Begusarai
hourly chart?
StockRAI
@Religare-Begusarai, Yes
avinashvn
any time frame sir
StockRAI
@avinashvn, I cannot predict exact timing. Most probably before current expiry.
surya89trade
Nice Analysis :)
Mer