RELIANCE INDUSTRIES SWING TRADE

٢٥ مارس ٢٠٢٢

Hello, reliance industries mid-term swing trade buy: 2,570 targets: 2,750/2,820 stoploss: 2,508.

LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline and static resistance & buying on pul back (targets identified from harmonic xabcd pattern level 1.131) stoploss is taken low of breakout candle. Stock looks good for swing trade & can go upto all time high. RELIANCE