-stock created a consolidation base near its 200-ema -after consolidating for months the stock has managed to break above 2020 after a long-time -i am using yesterdays low as a stop for shor-term trade and 20-ema as for a positional trade -note that if stock closes above 2050 on daily chart then the stock opens up for a rally towards 2150-2175 -one can neter long near 2015-2020 -enter a stop below 1995 for short-term trade -enter a stop below 1970 for a long-term trade -initial short-term target is 2040-2050 -positional long target is set @2120-2150-2175 -one can wait for a confirmation for positional trade in reliance -wait for a close above 2050 on daily chart
Trade chiuso: obiettivo raggiunto
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SHORT-TERM TARGET ACHIEVED 250*30=₹7,500/-
Trade attivo
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ONE CAN STAY LONG FOR POSITONAL TARGET OF 2150-2180 NOW