RELIANCE, showing signs of reversal after long consoldiation
Notice the Price Action. Always use DOW theory as reference. Price as arrested the Lower Lows, and started making Higher Low. Price has done BO of Res TL, and will consolidate before moving in the upwards direction, Probability. LONG on Reliance with SL as per the Chart. Happy Trading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.