RELIANCE | Small swing opportunity in lower time frame - 9%

٣١ مارس ٢٠٢١

RELIANCE | Small swing opportunity in lower time frame

CMP : 2028
SL : 1960
Target : 2216

1:3 risk reward setup.

Pros :

Risk reward is good
W Pattern,
Taking trendline support in daily time frame.
Positive RSI divergence

Cons : It also deceiving my eyes with Head & Shoulder pattern