Tuesday, December 27, 2016

Reliance Industries Ascending Triangle

Reliance Industries
A frustrating consolidation continues in this large cap. This consolidation is referred to as Ascending Triangle. A breakout is expected after the consolidation. This time since this is an ascending triangle the breakout can be on upper side of the price. 

I have started creating small  videos in Hindi on the same topic. To check video click this link
https://youtu.be/KBuSgll3tSs 






Disclaimer: The contents produced here are purely for educational purpose. They should not be construed as buy/sell recommendations. I am not a SEBI registered Analyst or Investment Advisor. Readers are advised to consult their Investment advisor before taking any decisions based on above write-up.