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ShreeKrishna
Aug 1, 2020 9:22 AM

Long ( Continuation Pattern )  Long

RELIANCE INDSNSE

Description

This stock is Crazy whenever it makes its move ,

I am still not looking for any sign of reversal in Major trend direction in fact we are looking trade this up side move in Futures Contract

I dont advise this for weak hearts , as this will be crazy on both side , but safe traders can take a minimum risk of daily reversal candle low as stop and enter only

after visual print of Green candle ( Sufficient move of 1.5 %) and book near Forecast Target using tailing stop method

Good luck

Comment

ha ha its bounced back
Watch out now

Comment

started moving out form consolidation phase , One Aunty was talking in tweeter that When news comes lets short Reliance , and surprisingly she has 74K followers

Now its no surprise that Mass Majority of people follow dummy and fake Tweeter traders

keep trading friends

Comment

Book your majority holding ,

Comment

i want to update one thing today ,
01) Any can learn the wave theory
02) You are most welcome to try better tools in this Charting software

Majority people think Reliance will likely end its ATH very soon , then all of you are wrong its going to 10000 INR , Yes it will go there , any price development take time and involvement of Market participants it does not develop in 1 day or 1 Month , it will take series of psychological stages and it will keep moving for Next appreciations due to Mass participants
which direction you are looking i have no idea but for sure Look for buy setup whenever you see the price is correcting

Good luck
Comments
VishalSancheti
as usual reliance about to complete your targets, is it 5th wave of bigger 3rd wave resting towards 2500 levels
ShreeKrishna
@VishalSancheti, i have posted an post on Nifty Futures contract and using of volume Profile , use it to make money Get in and Get out on daily basis , stop crying ,

You have sufficient knowledge use tools for entry and exit

and for God shake please stop messaging me , the only thing you lack is confidence , Now since Trading view has introduced Futures it comes with volume Profile also , Use it to build your Confidence Good luck & God bless you
VishalSancheti
@ShreeKrishna, thank Q
lonetechnicalanalyst
Twitter Aunty is always funny ... Lolz ;)
ShreeKrishna
VishalSancheti
it is forming symatric traingle in hourly charts from 2200 -2000, looks like now shoot out will be there for 2400
muralikumar
wow.
Basty
What haha. It didn't even come to your buy price. Celebrating without buying haha
Chart_Asset
sir i also drawn the same chart for down target but not predicted upward move
Chart_Asset
@ShreeKrishna great miss I was at 1990 but wowo what a move
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