Reliance : Technically Very strong above 1295

On chart, Reliance looks like an excellent "Buy" with a potential 7-8% gain till this Oct series expiry.
Broke the 61.8% retracements and also other strong resistance at 1295 and can possibly go till 1400

Kommentera:

Target achieved !!! However, more potential upside as we are in an uncharted territory now. Hold on to the longs with a trailing stoploss ! Expect to test 1500 soon