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TRADER0207

Reliance Analysis

Long
RELIANCE INDS (NSE:RELIANCE)  
TRADER0207 Updated   
NSE:RELIANCE   RELIANCE INDS
Trend Analysis
13
0
trendanalysis
Reliance has formed a head and shoulder pattern on 4 hour chart, bullish on the stock.

Target 1 - 2540
Target 2 - 2656

SL - 2360

Comment:
Reliance still holding its position even after a bloodbath on dalal street.
Trade closed: target reached:
Target 1 met.
Target 2 closed at 2600
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