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Reliance 2300 area Crucial

Por rakeshreddym
Atualizado
Reliance 2300 area crucial , now at 2330 there is falling trend line resistance at current level, any dip to 2300 level and holds with positive price action look for buy option to target of next resistance which is 2400 area stop loss 2280 .Gaps up dont chase we re analyse at higher levels at 2400 area .Below 2300 sustains we can short to targets time 2250 to 2200.
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very tight range wont go long or short at current level will wait for 2300 level to take decision.
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Still did not get proper entry near 2300 area
snapshot
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Reliance looking good to go long at 2350 stop loss 2340 keep 5 points buffer for target of 2400 ,2450 and 2500.
snapshot
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Still in the range
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reliance above 2350
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snapshot
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unforutunately back into range did not hold the resistance break out
Supply and DemandSupport and ResistanceTrend Analysis
rakeshreddym
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