Reliance Long
Please note that I'm not a financial advisor, and investing in the stock market involves risks. It's important to do thorough research or consult with a financial professional before making any investment decisions.
Reliance Stock Today at 2399 Rs.
Better Risk to Reward Entry Condition
Entry with 1/2 Quantity
Stop Loss Below 2280 on Day Basis
If Stock Cross Above 2475 Again Enter With 1/3 Quantity
Trailing stop loss to Entry Price
Wait for Target 1 and Target 2
Keep an eye on ADX on 4Hr Time Frame for Profit Booking
there has been a consolidation over four quarters, which might indicate a period of stability before a potential breakout.
Remember that market conditions can change rapidly, and past performance is not indicative of future results. It's essential to stay informed about the company, market trends, and other relevant factors that could impact the stock. Additionally, make sure your position size and risk exposure align with your overall investment strategy and risk tolerance.
If you're not familiar with any of the terms or strategies mentioned, or if you have doubts, consider consulting with a financial advisor who can provide personalized advice based on your financial goals and risk tolerance.
Reliance Stock Today at 2399 Rs.
Better Risk to Reward Entry Condition
Entry with 1/2 Quantity
Stop Loss Below 2280 on Day Basis
If Stock Cross Above 2475 Again Enter With 1/3 Quantity
Trailing stop loss to Entry Price
Wait for Target 1 and Target 2
Keep an eye on ADX on 4Hr Time Frame for Profit Booking
there has been a consolidation over four quarters, which might indicate a period of stability before a potential breakout.
Remember that market conditions can change rapidly, and past performance is not indicative of future results. It's essential to stay informed about the company, market trends, and other relevant factors that could impact the stock. Additionally, make sure your position size and risk exposure align with your overall investment strategy and risk tolerance.
If you're not familiar with any of the terms or strategies mentioned, or if you have doubts, consider consulting with a financial advisor who can provide personalized advice based on your financial goals and risk tolerance.
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