Tue. Jul 16th, 2024

    This Chart of Reliance Industries for short time frame looks very convincing. If you look at it carefully then its making two Bull Flag back to back where Big pole made from 2000 to 2200 in which recent rally happened and another small pole from 2100 to 2200 and post that it went into consolidation for few hours and post that it given breakout finally from Bull flag pattern and spurted in 2nd half and Pulled Nifty from day’s low to day’s high. Now Big pole Height is of 200 points and small pole height is 100 points so target is accordingly coming around 2300 and 2400 levels. there is one more thing to observe is that The company will host its 44th AGM on June 242021 at 2 pm IST. So expecting fireworks in this counter till AGM. Keep an eye on this stock.


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