RELIANCE

Entry at 9:40


1. Price broke out from the triangle so taking an entry at the price 2681 with 95 qty

2. Also, price is above the previous day's high giving indication that there could be potential uptrend.

3. Target is 2nd resistance level i.e. 2717 since the breakout happened before 12:30

4. Stop loss is few points below the black line inside the triangle i.e. 2633


Update at 11:40 :



1. If price breaks upper limit then I am going to hold position until the target aimed.

2. If price comes below the lower limit then I am going to exit.


Update at 12:40


1. Reached our target so made an exit at the price 2717

2. Profit - (2717 - 2681 ) * 95 = 3420