Reliance Demand , Zone below Zone. Good for Swing Trading
Reliance Demand , Zone below Zone. Good for Swing Trading ,
A good 1:5 Reward to risk can be Expected on this Trade Setup
Entry above the zone and Stop loss below the Zone.
if above demand zone violates (breaks) then take entry on the Below Zone.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a thorough research and Analysis a setup can fail due to any opposing News on that stock or on its Index and Market Volatility.
Hence ,kindly Take Position as per your Risk Management.
A good 1:5 Reward to risk can be Expected on this Trade Setup
Entry above the zone and Stop loss below the Zone.
if above demand zone violates (breaks) then take entry on the Below Zone.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a thorough research and Analysis a setup can fail due to any opposing News on that stock or on its Index and Market Volatility.
Hence ,kindly Take Position as per your Risk Management.