RELIANCE BREAKOUT

Updated
reliance respecting this price action channel from july 28 onwards ( over a month now). there are more than 4 respecting points on the upper and lower side of this price action channel indicates how strong this channel is( i have marked this as yellow circles ). once can make safe entry when breaking this channel ( in 5 min time frame). usually relaince shows a bull trend today if crosses 2236 levels.
# if crosses 2236 then be ready for buy entry
# make safe buy entry when breaking price action channel
# due to high volatility better to avoid trade before 9,50 am.
# only for education pupose.
thank you.
Trade active
reliance raising..now 2261..strong movement after breakout
Note
see my chart how accurately it react to the price action channel
RELIANCErelianceindustriesTrend Analysis

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