Balrampur chini is trading with trend line support. it may test 475 soon.
Already RIL has seen good correction and multiple support levels is visible in chart and good support could emerge easily in RIL next week. Buy RIL and Nifty on dips will work out since Index is still in bullish tresn and if ICICI and Kotak support Nifty and BN with RIL could be easy bullish than much bearish. opening can be anything and SL and traps possible.
CUB CMP- 131.60 SL-126 TG-136/142/146 . . . . . . . . . . . . This is only educational purposes
crompton cmp-295.55 sl-284 tg-301/309/323 . . . . . . . . . . . . . this is only for educational purpose
Reliance Stock Good Opportunity to buy near 2730-2735 for the Targets of 2800/2849. Stop Loss is Near 2720. Above 2802, ABCD Gets Activated. Risk to Reward is more than 1:4.
Nifty50 had a surprising comeback today, we opened gap up and then there was a strong rally till 11.05 where we set a new all time high of 19819.45. From 11.05 to 12.05 we had a decent fall of 129pts ~ 0.65%. Surprisingly the falling stopped right there and we bounced back quite strong. NiftyIT took part in the rally post 13.30 which helped Nifty stay green....
NSE:RELIANCE is going to do demerger and it’s showing up on the price. If this level is crossed decisively then sky is the limit.
Remember how we closed on Friday? — up 110pts in 30mts. I seriously thought we would be seeing some profit booking today. So I carefully watched the opening price levels and exited my long position by 11.10. All the trading indicators, technicals were saying more bullishness for nifty50. Even the options flow indicated the same. At 11.10 Nifty was looking bullish...
Reliance Industries Ltd is trading in a price range of 2200 - 2800 since Sep 2021. In between this a strong support and resistance formed where 2200 act as a support and 2800 as a resistance. Last week a bullish candlestick pattern formed in Reliance called Classic Morning Star at support level. Here are the characteristics of a classic Morning Star...
NUVOCO CMP 364 SL-345 TG- 380/390/400 . . . . . . . . . . . . . this is only for educational purpose
GREAVESCOT cmp 139.50 sl-133.50 tg-143/148/150+. . .. . .. . . . . . . . .. .. this is only for educational purpose
MPHASIS cmp 1907 sl-1852 tg-1950/1970/2000 . . . . . . . . . . . . This is only educational purposes
Reliance form inverse H&S pattern. It may test 2600 and 2750 soon.
Reliance on Daily time frame broke down important support level and gave a weak closing on 15th March, although there are some more supports placed below but if I look at current price vs volume relationship and whatever my understanding and view is that even though the volumes were on higher side today in comparison to last two day's session, the price couldn't...
NSE:RELIANCE has given a fresh breakout and looks good for accumulation. A stop loss around 2735 looks good. It is a double trendline breakout. A lot of news around reliance these days, keep on radar and one can go long on this one. Will pull Nifty up along with this move.
Reliance coming out from a parrelel channel volume good with strong RSI educational idea only
Stock Name - Reliance Industries Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 2622 #This is not Buy and Sell recommendation to any one. This is for...
LATENT VIEW BUY 352 SL 331 TG-374/405+ . . . . . This is only for education purpose