RELIANCE - Cup & Handle Breakout شراء

RELIANCE INDSNSE

الوصف

⋅ ٢٠ نيسان أبريل ٢٠٢٠ ١٧:٢٦

Reliance Industries (NSE:RELIANCE) seems to be breaking out of a bullish cup & handle pattern. Can be bought on retest of the neckline at 1230 levels for an initial target of 1325.

أغلقت الصفقة: تم الوصول للهدف

⋅ ٢٢ نيسان أبريل ٢٠٢٠ ٠٣:٥٩

Thanks to Facebook, the target was reached earlier than normal.

التعليقات

nimmu

⋅ ٢١ نيسان أبريل ٢٠٢٠ ١٥:٥٥

Cup and handle should form at the top of an uptrend.
Otherwise not valid. Thanks

ashwinjain1

⋅ ٢٢ نيسان أبريل ٢٠٢٠ ٠٤:٠١

@nimmu, Agree that C&H are usually seen as a pause in uptrends but sometimes, they are also seen as a reversal signal after a sustained downtrend.

المزيد