RELIANCE - Sitting at Crucial levels!
Updated
Overview & Observation:
1. Price is sustaining around the upper channel.
2. RR not favourable
3. If the price holds around current levels, a long position can be planned.
4. Wait for confirmation of a healthy breakout and candle formation.
W TF:
Trade Plan:
Entry Point: Post-breakout confirmation around 3000.
Stop Loss: 7-8%
Target: 10-12%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Price is sustaining around the upper channel.
2. RR not favourable
3. If the price holds around current levels, a long position can be planned.
4. Wait for confirmation of a healthy breakout and candle formation.
W TF:
Trade Plan:
Entry Point: Post-breakout confirmation around 3000.
Stop Loss: 7-8%
Target: 10-12%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Trade active
Entry triggered...Comment
3100 Hit✌️
SL can be trailed to this week's candle low around 2875.⚡
3200 next stop then 3300 final stop✅
Comment
3200 hit ✅✌️
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