reliance-trading

vahabsheikh

Reliance Industries Ltd is India`s largest private sector enterprise, with businesses in the energy and materials value chain. The company works under different business segments CMP: 2539 Target: 2600-2700 Reliance Buy at dip. Now Good Support on 2477. Given Day Breakout 2499. Now seen big move. If you think information is useful please comment and follow...

Trading_hawk

NSE:RELIANCE all the trade setup will remain same as per previous. Trade Setup for Date: 28-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry...

NaveenGr

1. Buyers from a and b were happy that Reliance made 2600. Many who missed this move would be regretting not entering around 2460. 2. c gave buyers chance to buy again around 2450 with hope of 2600 and higher and many bought on 18th Nov. 3. Where they are going to keep their stop ? At what level are these buyers going to exit ? 2450 and 2400. 4. Here is where...

yatish33

As it can be clearly seen in the chart that reliance is consolidating. keep a close watch on it a break-out on either side can give a good move.

DavisEssa1

after break weekly all time high RELIANVE coming to retest the place where it breakes and its a level of 0.5 in fib series so wait for a hug buy and so nifty also can go for a buy trend soon...

capsule91

Disclaimer.. not an investing/trading recommendation. NSE:RELIANCE

pranav_nanavare

∘ Keep eyes on Reliance Symmetrical triangle Pattern ∘ 50 - 200 Ema Resistance over here

PrakWorld_Traders

Reliance Industry seems to have a breakout from a triangle pattern, so give an entry with appropriate Stop loss only after its breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry...

pranav_nanavare

Price action analysis

nandodeomkar

Increase in Oil prices coupled with the breakout on the chart is a good confluence. Retest has been done nicely. Reliance was holding up the market on last trading session. Can expect this to continue for a few more trading sessions (2-3 trading sessions) Use Halftrend for trailing stoploss. NSE:RELIANCE

arpitsaini

Reliance in moving in a channel since, Nov 2016 & now near lower channel line Above 50 EMA facing support near 1900 -1800 (support zone) With a SL of 1890 on weekly close basis. We can set a target 1 of 2321 Target 2 - 2707 (Trailing SL) Target 3 - 3249 (Trailing SL)

kalyanganguly

Note: This is for educational purpose only and do not trade in F&O. There seems to be a hammer at previous support zone which also coincides with 200 moving average. There seems to be a convergence in price and momentum (RSI). SL: 1825₹

virralthakkaar

*Study is based on Futures Reliance has managed to crossover the trendline in daily charts today. What we have to watch is if it manages to hold because if it does, we might see a bull rally which will take the prices above 2000 levels. Aggressive or risky traders can buy once RSI manages to cross 50 levels in Intraday charts with a stop loss of 1950.

EntryandExit

I hope you can now see how Reliance represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...

imAnwar57

Reliance 30 minutes chart analysis simple pattern see RSI your chart probability up

kalyanganguly

Note: This is for educational purpose only. There seems to be a bounce back from support on 1 hour - 4 hour timeframe with increase in volume.

EntryandExit

I hope you can now see how Reliance represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...

EntryandExit

I hope you can now see how Reliance represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...