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sameerangio

RELIANCE, showing signs of reversal after long consoldiation

Long
RELIANCE INDS (NSE:RELIANCE)  
sameerangio  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Notice the Price Action. Always use DOW theory as reference. Price as arrested the Lower Lows, and started making Higher Low. Price has done BO of Res TL, and will consolidate before moving in the upwards direction, Probability. LONG on Reliance with SL as per the Chart. Happy Trading
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