Will RIL take bullish turn from now?
Updated
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Today we are going to Analysis the intraday analysis of Reliance for 15-Feb-2021.
RIL has opened with of 2055.50 and touched the day high if 2078.
The Script has braked the Daily and 1hr time frame chart of Support and touched the day low of 2015.40 was support of CPR of 12FEB21 & bounced back and closed at 2041.60
Expectation tomorrow:
CPR: 2046.70 & 2043.30
Pivot:: 2045.00
CPR: Bullish Bias
Support and Resistance for Tomorrow:
R1 2074.60 S1 2012.00
R2 2107.60 S2 1982.40
R3 2170.20 S3 1919.80
Trade Setup:
Case 1 :
If the script goes above the day high of 12-Feb-21 go for long.
Target - 2105
Case 2:
If the script breaks the CPR level and 12-feb-21 Day low then go for Short. Target - 1980
Disclaimer:
Kindly do your own analysis before executing this trade. I am not a SEBI Registered Analyst.
Today we are going to Analysis the intraday analysis of Reliance for 15-Feb-2021.
RIL has opened with of 2055.50 and touched the day high if 2078.
The Script has braked the Daily and 1hr time frame chart of Support and touched the day low of 2015.40 was support of CPR of 12FEB21 & bounced back and closed at 2041.60
Expectation tomorrow:
CPR: 2046.70 & 2043.30
Pivot:: 2045.00
CPR: Bullish Bias
Support and Resistance for Tomorrow:
R1 2074.60 S1 2012.00
R2 2107.60 S2 1982.40
R3 2170.20 S3 1919.80
Trade Setup:
Case 1 :
If the script goes above the day high of 12-Feb-21 go for long.
Target - 2105
Case 2:
If the script breaks the CPR level and 12-feb-21 Day low then go for Short. Target - 1980
Disclaimer:
Kindly do your own analysis before executing this trade. I am not a SEBI Registered Analyst.
Trade closed: target reached
Target Reached
Disclaimer
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