Reliance forming triangle apex.

Symmetric triangle at apex. Second time with in YTD.

Upon downside breaking can target to 1030 and upside 1220. Stop loss place just outside triangle.

Straddle may prove to be cost effective.

Yorum:

For any single side view, wait for C, D level break out and close the opposite side of option.

C = 1135 break - Positive - Long
D = 1080 break - Negative - Short

Yorum:

Long target reached and retracing back.