RELIANCE

Entry at 9:40


1. Breakout from triangle so taking an entry at the price 2797.85 with 90 qty.

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

3. Target is close to 2nd resistance line i.e. 2850

4. Stop loss is plotted above , at 2736.30


Update at 10:10


Identified resistance zone between 2805-2808, and it is important for the price to go beyond this, in order for us to continue with our position.


Update at 10:25


Since price went above the resistance zone which we earlier mentioned, we can now continue to hold our position,


Update at 1:10


Changing the stop loss to 2788


Update at 2:25


1. Stop loss hit so had to exit.

2. Loss - (2788 - 2797.85) * 95 = (935.75)