Key Levels for RELIANCE INDUSTRIES : Search OPTIONSCALLFREE on Telegram
UPPER BREAKOUT~1437.75
FIRST TARGET~1456.05
INTERIM RESISTANCE~1480.45
FINAL RESISTANCE~1502.80
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LOWER BREAKOUT~1386.90
FIRST TARGET~1370.60
INTERIM SUPPORT~1354.35
FINAL SUPPORT~1331.95
Please trade with caution and consult your financial adviser before trading.
RELIANCE has been doing quite well despite the markets remaining negative. One of the primary reason has been the Jio-Facebook deal.The Jio deal will help reduce RIL’s debt burden while for Facebook it gets a firm foothold in a fast-growing huge market.
On the charts it looks like its heading into an important cluster zone. Prices could halt at this zone around...
Rare setup of Gann box with speed resistance angles, Fibonacci price extension and time-zones based on last up move. These trend-lines are very powerful to scalp.
Facebook is a stock with strong fundamentals and zero debt. Irrespective of some bad news recently, the stock still rallies in the upward trend.
I have seen the weekly chart which shows since 2013 the stock is on the upward trend and moving above the 100 EMA consistently.
The chart respects the strong support pink line and on july 2017 it broke the green...
