padiyara

Reliance :₹1258 is resisting at the Gann arc.Target 1560

padiyara Uppdaterad   
NSE:RELIANCE   RELIANCE INDS
15
Reliance is having a breakout from a long trading range and from a symmetrical triangle, the stock is having the potential to cross all time high 1649, and probably will find a new high in the rage of 2850 in coming years.it was trading in a range between the GANN 3X1 ie:18.75 resistance and 4x1 ie:15deg support line, on having this breakout from the resistance line, it can make a target 1560 and 1650 to the next resistance. Once crossing the all time high and can zoom to 2850 level.
Kommentera:
keep going
Kommentera:

support zone worked well, but is came down to 1295
Kommentera:
all time high also broken
Trade stängt manuellt:
The resistance showing a negative divergence.
Kommentera:
Also consider the target achieved 850 x 2 :D
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