Most likely it would hold the support of breakout line and move toward 2700+ until the 2495 (SL for equity segment) is intact. Target 2700+ in next 10-15 days as a Positional view. SL : 2545 See the chart for more details.
Reliance has broken the upward trend line and looks we are going to see down levels in coming sessions. Sell @ 2600 - 2610 with the SL of 2650. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Reliance -RIL - facing confluence of resistance. Windfall tax causing damage? Will it break below 2500?
Price action study on reliance 240 mins chart, from last 2 trading sessions counter is giving weak signals, rally started around 2300 levels in counter to level of 2640 counter is trading in ascending parallel channel structure and maintaining its posture around higher end of the structure,, now in last 2 sessions counter is giving reversal signals, bearish...
Target 2620 based on shunted rise Opens higher within the candle body
Reliance Weekly & Daily Chart ,Bullish Setup ,With Trendline and channels .
Reliance is out of the trend line on positive side. Look for a retest and move up side. If market opens positive, then may not retest.
NSE:NIFTY NSE:BANKNIFTY NSE:CNXIT NSE:CNXMETAL NSE:CNXINFRA NSE:CNXMEDIA NSE:RELIANCE NSE:TCS NSE:MINDTREE NSE:KOTAKBANK NSE:AXISBANK Good to keep on the radar Always respect SL & position sizing ======================== Trade Secrets By Pratik ======================== Disclaimer SEBI UNREGISTERED This is our personal view and this analysis is only for...
NSE:RELIANCE can give breakout post it's small retracement.
Reliance has broken channel and pattern. Formed Bullish #Headandshoulder pattern Will it help to break Nifty consolidation zone? Head height giving Rs 250 price range. Buy #Reliance Above 2611 SL 2510 T1: 2710 T2: 2810
Reliance has broken past its long term bearish trendline after taking support from its short term bullish trendline on above average volume. 50EMA has crossed 200EMA giving a golden cross. Targets can be take at T1 and T2 Stop loss below the most recent candle Keep It Simple
Reliance tried to break this trendline twice but failed, But this time it will break and reach the following 2650,2700,2750,2800,2850,2900 targets this month.
A very nice descending channel i NSE:RELIANCE nside a paralell channel. If it doesn't take one leg down, Im pretty sure it'll give a nice breakout heading towards 3100!!
Reliance Analysis (Short Term) If Price Sustained above 2590, more Upside Possible and Target is 2650/2660 If Price breaks 2508, more Downside and target is 2465/2452.
Reliance looking good at these level 2385 - 2375 with SL of 2300. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Price & Volume relationship: ----------------------------------- Price goes up but Volume goes down these means not a good time to invest. Look closely at the "W" pattern forms which means if the neckline is broken then do not be in hurry, Watch out for Volume & OI & then Boom Boom !!!