Reliance capital around support

Reliance capital finding support around 525-540 zone & high chancees are for reversal. Trendlines & support line merged at this zone. Fibonacci retracement level & Stochastic level (oversold) also supporting the bounce. Future can also be added in view of a 7-10 days.

Level to enter=528- 538 but can enter at cmp also....
Target 574, 585 & more
SL 521

keep strict stop loss...
there is not much to go but reward can be good....

best of luck....
Comment: Trendline of MACD also denies trendline of price action which shows trend reversal...
Comment: Good going....Target 1 of 574 50% (partially)
Comment: Yes, 2nd target of 585 almost reached also.....pls book 25% nearby
Pls note above 588-590 level it can zoom to 600 or above (for remaining 25%)
best of luck
Comment: If Rel cap surpass 592-595 zone(imporatant hourly chart breakout resistance) & stays for atleast 1 hr, it can zoom to 620-625 level.
See Long term chart i think 510 - 515 is the entry level
Tech_Chart shreesalbarde

I agree with you but this is for ST trade. We can only predict the zone but seeing the probable convergence in MACD, we can do the staggered entry in cash from 525-540 level...We may lose the opportunity...risk reward is in favorable position...In my thinking in cash we should avoid SL also....Best of luck
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out