RELIANCE - Available @ great Risk : Reward (Swing Trade)
The analysis is done on daily TF hence price may take days to a few weeks in order to reach the targets.
Trade setup is explained in image itself.
At this position, one can get great Risk : Reward as the SL is quite low as compared to Targets.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Trade setup is explained in image itself.
At this position, one can get great Risk : Reward as the SL is quite low as compared to Targets.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
