Reliance Bet for 2190 in few days/weeks

Güncellendi
IF you notice the volume spike I have mentioned in the volume chart, reliance is ready to cross the accumulation zone and reach 2190 so it's a good risk-reward ratio to go long from here.
I have gone along with a hedge of 1900 PE to handle the results risk.

In the 15 Minutes chart, we are seeing a clear reversal pattern of double bottom and accumulation patterns in the cluster of 1900-1920.

Although the target is 2190 I will review it at 2050 and 2150 and adjust the trailing stop loss but looking good.
Not
Fib levels are also convincing
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Chart PatternsRELIANCETrend Analysis

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