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RELIANCE INDUSTRIES LTD
Long

RELIANCE - Volatility Contraction Pattern observed

378
#RELIANCE
CMP 1140
Long suggested above 1145.
Stop 1095.
Target Open


Logic:
#VCP
#VolatilityContractionPattern
Perfect VCP accompanied by Volume behaviour as well.
scorpiomanoj
Trading is my passion.
Also on:
Chart PatternsTechnical IndicatorsNIFTYRELIANCEsensexTrend Analysis

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.
Chart PatternsTechnical IndicatorsNIFTYRELIANCEsensexTrend Analysis
scorpiomanoj
Trading is my passion.
Also on:

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.