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RELIANCE - THE TREND SETTER?? ♠︎Hello Pivster's ★ We see a beautiful chart of (Pivot-Points + Price-Action) on the street favourite and most watched stock by the bulls to provide them a power booster for the coming sessions if required. NSE:RELIANCE has off-late been in news for one of it's business subsidiary "JIO Financial"s stock market debut in the coming month. ➖ What can we expect further from Motabhai's company in the upcoming session ↘︎ 📍One of the main X-factor for this Oil & Gas giant up-move is declining Crude Oil prices which makes the scenario beneficial for all the OMC companies as a whole. • As seen in the chart with the applied Monthly Pivot Points, it is very clear of a strong confluence at a major support level with the ML3 cam level 2460-2475. • Here the responsive buyers in the broader TF took the price above the Monthly CPR which in terms of price-action is a triangular breakout pattern. But, wait do we see NSE:RELIANCE contributing approx. 25% of the previous session NSE:NIFTY 's upmove along with IT and FMCG sector as the script alone was up by 2.25% in the previous trading session 🤓 Keeping the above factors and pointers in mind we can expect bulls to take help of NSE:RELIANCE to break through the major seller's resistance zone and can act as a catalyst for the upcoming sessions. Lastly, if you liked it and found useful share it everywhere with your fellow-traders/friends/family etc... 🫶 Regards, Mukkull
NSE:RELIANCE
by PivotMinati
1
Crudeoil Important levels to watch. Crudeoil important levels to watch are as follows #Support: 6810 Sell below: 6810 only on 15 minute candle closure below the level. Target 1: 6740 Target 2: 6670 #Resistance: 6890 Buy Above: only on 15 minute candle closure Above the level. Target 1: 6950 Target 2: 7030 #Demand Zone: 6810-6820 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart. #Supply Zone: 6870-6890 may act as an immediate selling zone, and price may reject from the region marked in red on the chart. #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
MCX:CRUDEOIL1!
by InvestyourAsset
NATURALGASHi, in this chart i drew a good Deamand and Supply level for Short and Long Positions in NATURALGAS...please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
MCX:NATURALGAS1!Long
by mistertraderofficial
1
CrudeOil Important Levels to watchCrudeoil important levels to watch are as follows #Support: 6880 Sell below: 6880 only on 15 minute candle closure below the level. Target 1: 6830 Target 2: 6795 #Resistance: 6960 Buy Above: 6960 only on 15 minute candle closure Above the level. Target 1: 7020 Target 2: 7085 #Demand Zone: 6880-6910 may act as a buying zone and price may bounce from the region marked in green on the chart. #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
MCX:CRUDEOIL1!
by InvestyourAsset
CrudeOil Important levels to watch. Crudeoil important levels to watch are as follows #Support:6915 Sell below:6915 only on 15 minute candle closure below the level. Target 1:6850 Target 2: 6770 Target 3: 6670 #Resistance: 6965 Buy Above: 6965 only on 15 minute candle closure Above the level. Target 1: 7040 Target 2: 7090 #A bearish harmonic pattern has been drawn on the chart along with its entry and stoploss level. As per the pattern it can be expected that price may face rejection at the top. Once the top is taken off again it is recommended to exit short positions or the top can be used as a stoploss. #Demand Zone: 6620-6650 may act as a buying zone and price may bounce from the region marked in green on the chart. #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
MCX:CRUDEOIL1!
by InvestyourAsset
CrudeOil Important Levels to watchCrudeoil important levels to watch are as follows #Support:6620 Sell below:6620 only on 15 minute candle closure below the level. Target 1:6560 Target 2:6520 #Resistance:6700 Buy Above:6700 only on 15 minute candle closure Above the level. Target 1: 6760 Target 2: 6850 #Demand Zone: 6620-6650 may act as a buying zone and price may bounce from the region marked in green on the chart. #Supply Zone: 6820-6800 may act as a selling zone and price may reject from the region marked in red on the chart. #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
MCX:CRUDEOIL1!
by InvestyourAsset
4
SOLEX - An analysisSolex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products. Financials: TTM EPS: -- TTM PE: -- P/B: 14.78 Face Value: 10 Mkt Cap (Rs. Cr.): 555 Sector PE: 72.46 Book Value Per Share: 47.03 Positives: Strong Momentum: Price above short, medium and long term moving averages Strong Annual EPS Growth New 52 Week High Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Stock gained more than 20% in one month Negatives: Declining Net Cash Flow: Companies not able to generate net cash High volume, top losers My Opinion: Do your research but don't miss this stock. It is one of the stocks to look forward in the renewable energy sector. NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
NSE:SOLEXLong
by babutaaniket
Crude Oil important levels to watchCrude Oil important levels to watch are as follows #SUPPORT: 6670 #RESISTANCE: 6720 #buy above 6720 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6755 Target 2: 6800-6810 #Sell Below 6670 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6620-6600 Target 2: 6540 Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade. Follow us for more such information and give it a like if you appreciate the idea. Queries will be answered in the comment section.
MCX:CRUDEOIL1!
by InvestyourAsset
2
Crude Oil important levels to watchCrude Oil important levels to watch are as follows #SUPPORT: 6500 #RESISTANCE:6600 #buy above 6600 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6690 Target 2: 6810 #Sell Below 6500 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6450 Target 2: 6290 Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade. Follow us for more such information and give it a like if you appreciate the idea. Queries will be answered in the comment section.
MCX:CRUDEOIL1!
by InvestyourAsset
Crude Oil important levels to watchCrude Oil important levels to watch are as follows #SUPPORT: 6440 #RESISTANCE: 6475 #buy above 6475 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6530 Target 2: 6600 #Sell Below 5440 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6390 Target 2: 6340 Target 3: 6270 Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade. Follow us for more such information and give it a like if you appreciate the idea. Queries will be answered in the comment section.
MCX:CRUDEOIL1!
by InvestyourAsset