LONG ON RELIANCE INDS (NSE)

16 May 2020

This analysis is only for educational purposes, Invest at your own risk!

• A strong uptrend can be seen in Reliance Industries , I personally think that the stock will show an increase in Price and Volume .
  
• The ON BALANCE VOLUME and MOVING AVERAGE Indicators Suggest an uptrend too.
  
• Therefore going long on 1459.40 INR (ENTRY POINT ) and targeting for some where between 1510-1550 (EXIT POINT ) could prove to be a positive trade.
  

Cheers!

P.S. This is my first publish ever

20 May 2020

İşlem aktif

The price broke the channel predicted by me ,
With the correct stop-loss loss would be evaded