RIL bearish outlook #H&S_pattern

26 мар. 2021 г.

Head and shoulder pattern is clearly forming in RIL. Check out the chart for levels.

26 мар. 2021 г.

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Wait for the breakout of H&S pattern with volume before taking any fresh positions. Also similar pattern is forming in different timeframes. Do your own analysis before taking any positions.

5 апр. 2021 г.

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As expected the breakout has occurred in reliance although we need to wait for the candle closing to check whether the breakout is valid or not. Also keep an eye on the volume.

5 апр. 2021 г.

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1916 and 1900 could be the levels where Reliance can get some support.

5 апр. 2021 г.

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05/04/2021: Breakout failed, stock managed to close above neckline on daily basis.

11 апр. 2021 г.

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Still bearish on RIL, Let's see.

12 апр. 2021 г.

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Gap down breakdown in RIL, let's see whether it can sustain this level or not.

9 июн. 2021 г.

Сделка закрыта: достигнута тейк-профит цена