amitcsf

RELIANCE- THE MARKET MOVER

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NSE:RELIANCE   RELIANCE INDS
NSE:RELIANCE
Reliance is consolidating in a Channel(Channel is a pair of parallel lines ).

Yesterday the price taken a support from the bottom of the channel and moved up.

If if manage to remain above 2388 it can show a up move.

Nifty is also standing at a resistance. Nifty cannot be positive without reliance.

Buy above 2390 with a stop loss of 2365

Its my view not a recommendation. For educational purpose only.
Handel aktiv:
Posted this idea today morning.
It has move more than 2% today.

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