28th May 2021 – Reliance – Bullish Symmetrical Triangle

Jump to: Pattern Result

Date and Arrival Time: 2021-05-28 09:45

Symbol Name:  RELIANCE

Pattern and Direction: Bullish Symmetrical Triangle Break

Pattern Completion Price:  2016.70 , Pattern Ideal Completion Price: 2002.65

A Bullish Pennant Break has arrived at market open.

There is a potential Buy opportunity at2016.70. A safe stop-loss for this Symmetrical Triangle can be kept at 1960.00 as per the pattern invalidation level or at 1% below the pattern completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


Result: 28th May 2021 – Success

Let’s take a look at the results below!

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