Swing Trading Stocks:Idea, RIL and Rel Capital

Idea

Idea is falling a rising wedge pattern which is bearish in nature and also formed a topping tail candlestick pattern which again is bearish pattern, both pattern needs follow up price action to get confirmation. Close above 144 will invalidate both the pattern and target of 152 can be seen in short term.Pullback till 132 is on cards if we do not see a closing above 143 is next 2 days. These levels are for positional traders, Intraday can use the below mentioned levels.

Buy above 144 Tgt ..

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