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 !!!
Will 18k hold? That seems to be the hottest question on the minds of everyone today. Here's my view on the same :)
Reliance , Triangular Breakout , Ready To Move Up NSE:RELIANCE Verdict:: Volume Higher Indicators Strongly Bullish T1 2562 T2 2635 SL 2492 If Reliance Moves up , Nifty Will Follow Note:: Look for 2550 Level in Reliance , It Can Give Resistance
The analysis is done on daily TF hence price may take days to a few weeks in order to reach the targets. Trade setup is explained in image itself. At this position, one can get great Risk : Reward as the SL is quite low as compared to Targets. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before...
Below 2540 this is sideway or bearish Any price action down sell opportunity
It looks like the Reliance consolidation channel will act as a resistance, I would only go long above 2667, if it manages to break it convincingly.!! NSE:RELIANCE
Reliance taking support at two year long channel. RSI also taking support near 40 levels. Holding horizon - 6-7 months. Targets - Around 3100 Stop Loss - 2200 This is a setup with good risk reward. I will prefer a covered call (stock in cash with shorted OTM call) in case IV rise, else plain vanilla cash stock. Please Note - This is not a trading advise, only...
Nifty important marks you can use it . Please check the accuracy of the marking . Red one are mark in 1 hour time frame and BLUE one are 15 minute timeframe marking . How line work? The red and blue line are working as an support and resistance. Please trade with stoploss . If you want more please name the stock name in comment box. Thanks
Reliance Chart analysis Wait for perfect time to buy / short at right time levels provided.... Gaps we can see as well....
reliance may continue to stay range bound, could be a great buy if it comes in the range of 2250-2300.
Supply and demand zone of nifty for next week.,., option sellers range and Options buyers entry and exit ranges
*Reliance getting rejection from its All Time High (2850 levels) *Impulse down move from its ATH & looks like its it correction phase. *Selling pressure can be observed once it breakdown its current trendline. REMEMBER: Perfectly timed entry and exit will give maximum R:R.
Reliance We are looking at weekly chart of Reliance Industries - Between July 2018 - May 2020, we observe Reliance trading in 3 red downtrend channel boxes of similar time horizon - In June 2020 , we see Reliance giving a strong breakout above the red trendline - thereafter we have seen Reliance trading in 2 parallel yellow boxes Given the chart...
good price to inter in reliance stoploss and target is mentioned in chart
Nifty intraday levels for the upcoming week,,,,,,,,, Kindly long or short only at support and resistances.,.,. dont be aggressive on longside.,.,
#reliance is forming HnS which bearish formation If closes at day low it can be sold with 2400 as SL CMP 2342
NSE:RELIANCE 1. Long term channel B/D taken place 2. Sell on rise towards 2,440 3. TGT 1950 - 1800 (Mirror move - as drawn on the chart)