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Reliance-trading

Reliance Short 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 the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:RELIANCEShort
by EntryandExit
ALL TARGETS ACHIEVED GIVEN MAY 30 NOT SINGLE FAILED IN RELAINCE Hi Traders/Investors, 1. On may 30,2020 I posted my first analysis on this stock till now even a single week missed my targets. Providing all statements chronologically as proof of precision with figures and dates for your consideration. In point no.1 of the same date, I clearly mentioned " Upper range in the form of an evening star pattern has already made. Now the price will make a lower range." . You can see in that day figure setting below an evening star pattern was made, circled in green was the upper range and lower range condition was also discussed in same post point no.2 " See I made red zone If this is taken out upside then the lower range will be formed and the price will move to upper range in the blue zone." . Here you can see the red zone is taken out forming a lower range. How confident was I about this manifestation? 2. For investors I wrote in the same post in point no.5 is quoting as proof " Investors wait to form a lower range of price either white zone or yellow. Then can board the bus to long sides." You can see at that red zone price never see back and gave you a good rally just in 40 days. I did not stop at the first week of my post see in the second update on June 14, 2020, I wrote in the second para of blog clearly is quoting as proof " I circled a pattern called bullish engulfing which is not activated yet But the beauty of this you will not be able to see in any books. I tell you the characteristic of this. See a big bull candle covered the last three days small candle on good buy zone with good volume Its effect would be seen if red dotted line is taken out on smaller time frame of 1 hr then you will see a rally to redline in coming days" . You can see a decent rally till last day trading of this stock. Setting that day figure as proof. 3. Even I did not stop there in my 3rd update on 20 June 2020 wherein trading plan point no.1 what I sai is quoting as proof " You can see the white circle the blue zone is taken out on daily basis with good volume also circled in white. So the price is expected to move up with certain conditions." Please see in below fig about these circles, not in the current figure. In the same post point no.2, I gave the target achieved in the current fig.' I made a microzone this can act as resistance for time being and target is the upper red line " you can see red line target was also achieved in current fig. every week step by step I gave precise support, resistance, zones and contain to trade this stock. In fact not this every stock I cover in my blogs. All are available in my profile ideas. Trading plan for next week. 1. As you can see the red resistance line is breached on the upside with a bullish candle. If the next session close is above this candle high then you will see price moving to power red line as a target. 2. In case the next day is unable two fulfill the condition of point no. 1 then price will consolidate one two two days. 3. If the red dotted line with a yellow trendline in 1 hr and 1-day time frame then the price will come to a lower white line. I will cover my longs on fulfilling 1 hr taken out condition. If the white lower line is not taken out in both time frames then it would be the best place to re-enter longs. 4. For new traders taken out condition is as follows:- Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. The rest price will decide. YOGESH VATS Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:RELIANCE
by yvatsji
12
RELIANCE Don't take long position still......Hii this is trader Kanishk This is the analysis of RELIANCE Here the phase is very volatile and we don't have to took long position in RELIANCE without confirmation . Reliance is an uptrend stock of=n each and every time frame. we can take our long positional trade in RELIANCE but after confirmation. Watch this complete video i've discussed everything. this is a bear market phase and this is not the recovery this is the bullish trap . so please avoid yourself to put the long positional trade at this time without any confirmation. Please watch this video complete and follow all the steps . Please do the multi timeframe analysis during these type of phases . Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio . DISCLAIMER I am not recommending you to buy or sell any stock, i am just sharing my analysis here. Maintain your risk reward ratio and then trade. Guys you can also follow me on twitter for any queries.
NSE:RELIANCELong
by thisiskanisk
RESULT OF LAST WEEK ANALYSIS OF VARIOUS SCRIPS PART -1Hi traders/Investors , Last week I shared few scrips movements and now compare them with this week move . Whether this amateur and non professional analyst can make people earn money or not . This is the statement of only one of my respected trollers who himself is not able to publish a single idea on platform but very eager to satisfy his ego writing these words. So being a "amateurs and non -professional" analyst I try to compare the accuracy with so called highly professionals. Though at one point he accepts my analysis make money but with above mentioned words. Reliance Industries In my first post and second I mentioned is quoting for your consideration" if red dotted line is taken out on smaller time frame of 1 hr then you will see rally to red line in coming days.( first post statement). you can see lower yellow dotted line is intact and price breached upper red dotted line but not taken out on either 1 hr and daily time frame. if tomorrow it fulfill this taken out condition the see rally.(in second post ) ". You can see price gave rally and touched my red line then came down little. This is the accuracy of amateur analyst. Next week trade plan 1, You can see the white circle the blue zone is taken out on daily basis with good volume also circled in white . So price is expected to move up with certain conditions. 2. I made a micro zone this can act as resistance for time being and target is the upper red line . Those who want to take longs ,they will have to wait till price move down to blue zone. But it does not mean price reached near it and you jump into trade. wait to see whether price stays at this zone or going to break it. 3.If yellow trend line is breached then it can be signal of weakness so do not take long til you get buy setup. In any case prices takes out blue zone on lower time frame then no trading either long or short. Wait for next day if price continue to move down then short with sl of upper band of blue zone. 4. Chances if not taken out micro zone then range bound can happen for day or two. Both arrow showing the direction after these levels. Maruti Compare my last statements for this scrip with this week move. 1. In my last post what is said quoting for your consideration " you can see in two days trading price did not close above bull candle in green still not activated so no long can be initiated. see beauty of analysis i made red dotted line price in two days did not dare to breach this." You can see when price activated this pattern a rally is seen which is not completed yet. The dotted line of lower side could not breach that see what is accuracy Mr.troller ( gann elloit trader) of amateur .By writing that name you can not be gann or eilliot just learn etiquette to write and search the real meaning of criticism. If you want to satisfy your ego go somewhere else . My analysis will not give you that privilege to satisfy your ego. The people like you can not even understand that language. Because mind set is in denial mode not in acceptable mode. 2. yellow dotted line is first target of longs from there price can go into consolidation for time being. Rest market will decide. Yogesh vats.
NSE:RELIANCELong
by yvatsji
6
joyful trade- head and shoulders pattern on RELIANCE:It is not yet conformed that the stock will move up or go down, wait till it give any confirmation. A head and shoulders pattern is a chart formation with baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time.
NSE:RELIANCE
by reshmi_chauhan1
52
Dealing with 4-chart "extensively research" at Reliance price... Volume vs. Price Action: Points to be focus on: Gap (run away type) Invalid Doji (from the left to right Doji is invalid because of low volume compare to previous candle) sequence of tails (sign of existence negativeness) Interruption began to push price upward. Red Alert : sellers will take action on the Red Alert zone 1542 to 1490, and price will T1 as target. Fibonacci Retracement : confluence zone 1353 to 1329 target next target 1250 nearby if sellers will continue. Wave analysis theory ( unconfirmed ): Parallel Channel and Project : T1 -1375 to 1380
NSE:RELIANCE
by Jay_shree
77
ONGC - Bullish Harami Cross Pattern A Bullish Harami Cross pattern has been observed in daily charts of ONGC stock. It is a good bullish reversal pattern, which is even more significant than a regular Bullish Harami. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A red body is observed on the first day. 3. The Doji that is formed on the second day is completely engulfed by the body of the first day. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a red body followed by a Doji that is completely inside the range of the prior black body. The price should close above at least 50% of the red body which in this case comes at 185.6 Target: 190 / 196 in Short term and 219-241 in Medium term Stop Loss can be placed just a tad below the low made on either of the 2 days (a couple of points below 183 which is the low formed on 30-Mar-2017). Risk::Reward Ratio is at 1 :: 3.66 Take care and safe trading...!!!
NSE:ONGCLong
by indiamarketoutlook
1