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Trading_hawk
Jul 29, 2021 12:53 PM

RELIANCE || Simple Intraday Setup 30-07-2021 

RELIANCE INDSNSE

Description

NSE:RELIANCE

RELIANCE is still having bearish trend. It couldn't break that trendline. Also took resistance below the critical zone mentioned on the chart.

For Intraday trader, you can play between the levels marked on the chart.

If some particular level break out then it will give a buy trade till next level on the up side. And it some particular level break down then it will give a sell trader till next level on the down side. But take the trade once you get the 15min or at least 2 consecutive 5min candle to consider as breakdown or break out.

Trade with SL.

Hope my ideas are helping you to understand levels, price action and taking the trade from the right level.

Do comment if you have any suggestion or doubts, I will try to response as soon as possible.
Comments
swathikonakanchi
Your charts have clear picture of support ,resitance and break outs. can you share your view on Heromotocop .
Trading_hawk
Hi @swathikonakanchi,

Thank you.

Sure. I will try if I can post if today about Heromotocop.
Trading_hawk
@swathikonakanchi,
Just posted for safe intraday trade setup for tomorrow in HEROMOTOCOP.
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