Reliance - Descending Triangle formation

Güncellendi
Reliance Industries have formed the Descending triangle pattern.
As the market is showing bearish sentiment, below 2060, we can expect a quick fall till the 2000 levels and may take a small "U" turn.
If the stock miraculously managed to break 2120 levels after a retest in the break out level, it can go upto 2250 levels.

Kindly share your valuable thoughts.

Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
Not
its going near the target levels :)
İşlem kapandı: hedefe ulaştı
It broke all target levels and flying high..

Hope all of you earned great profits
Thank you
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