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TAGaganDeep

Symmetrical Triangle in Reliance

RELIANCE INDS (NSE:RELIANCE)  
TAGaganDeep  
NSE:RELIANCE   RELIANCE INDS
Trend Analysis Chart Patterns NIFTY nifty50 stocktowatch BANKNIFTY relianceindustries chartoftheday Symmetrical Triangle
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trendanalysis chartpattern nifty nifty50 stocktowatch banknifty relianceindustries chartoftheday symmetricaltriangle
Reliance Industries has formed a Symmetrical Triangle on Daily Chart.

Though its a continuation pattern, and the current short term trend is down in RIL
it is expected to give a downside breakout to continue to trend.

However, since anything may happen in the market, it's better to wait for Breakout on either side of the pattern.
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