RELIANCE
Reliance - Intraday Levels for 18 July 2022Reliance Levels for Tomorrow..
Trend : Moderately Bearish
Sentiment : Positive
Expectation : Bullish Reversal
Support and Resistance zone and Tomorrow CPR & Camarilla levels are plotted for tomorrow.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
RELAINCE POSSIBLE TO MOVE UP FROM STRONG SUPPORT RELIANCE Is Possible To Break The Top Trend Line which is moving Up From Strong Support, If It Fails To Retest After Breaking The Top Trend Line Then Possible Of Reversal Trend, Or If It Breaks Support Then The Next Support @ 2340 ONLY
Nifty, Banknifty and top stocks analysis for tomorrow + levelsVIX falls below 18 as Nifty closes the week above 16,000 despite Banknifty underperforming. SGX is above 16,200. What are your views?
Keep an eye on Reliance In 15 Min Chart ,Watch Out for possible breakout or breakdown in Reliance.
Reliance is in very important zone, wait for proper breakout or breakdown with proper candle & Volume.
At present it is better to trade with Future and option than cash segment.
With Proper hedging and risk reward, we can enter in reliance.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
NSE:RELIANCE
#RELIANCECrossing 2400 swiftly moves to 2416
We see shunting on 30m and which shall help in quick flow
Also the Close are rising
RELIANCE - 15th July 2022Reliance is in tight Trading range of 2450 - 2350
Break of Range will give sustained move in that direction.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBears managed to drag the indices to expire below key psych levels. Banks and IT both seemed weak. What's your view?
will reliance take or break support.> Reliance trading at crucial level which weekly trendline.
> on daily timeframe, closing below 2363 could be big trouble.
> double top pattern is clearly visible.
> on daily timeframe price is below all key moving averages.
only for education, not a trading recommendation.
NSE:RELIANCE
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty closed under 16k, Banknifty under 35k, as Reliance and HDFC Bank dragged the markets. What's your view for tomorrow's expiry?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIT stocks dragged Nifty below 16,100 today, a considerable fall. I feel all eyes are on the expiry now as we approach key psychological levels for both, Nifty and Banknifty.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty closed above 16,200 thanks to RIL while Banknifty outperformed. What are your views?
ViVen IND - Multi Time Frame Price Action Trading IndicatorHi Traders,
Trading is Simple, Make it Useful!!
Here the trading made easy with Signals...
Its a Combined Pivot Boss Price Action Strategy Indicator.
This indicator has been created based on Pivot Boss, RSI and Price Action Strategy.
BUY Signal - Go Long at middle price of the Signal Candle, SL low of the candle.
SELL Signal - Go Short at middle price of the Signal Candle, SL high of the candle.
ViVen - IND Indicator Details:
Daily CPR Levels
Pivot Points
Weekly CPR Levels
Next Day CPR Levels
Camarilla Levels
Pre - Day, Week, Month - High / Low Levels
SMA , EMA and WMA Moving Averages
Bollinger Bands with Multi Time Frame
Moving Average with Multi Time Frame
Magic Band
Price Action
Along with this Trend and Strategy table added in the chart which indicates about the Trend.
I also included BUY / SELL labels to take positions.
Do you agree with the Concepts above?
Happy Trading!!
reliance industriesmarubozu candle or big bullish candle formation
on support line
follow same support and trend line
Relience [ Buy After Confirmation ]Around 2300, we can buy if we see the volume or any reversal pattern
RELIANCE - DAILY CHART ANALYSISReliance Industries - Daily Chart Analysis
Current Market is around crucial support zones which if held is good for upside into resistance , if market supports the upmove then it may even get around swing resistance . If the Crucial Supports are broken and market stays below the zone for more than a 1-3 days then we may see severe correction in this stock
RELIANCE Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty broke above 16,100 and Banknifty almost touched 35k! Are the bulls back with a bang? Here are my views. What are yours?
ITC CAN GO STRONGLY UPSIDE!As you can see ITC formed leading diagonal in a monthly chart and gives a breakout upside. ITC completed it's 1st and 2nd wave and it's now in 3rd wave of monthly chart. The first Target of ITC will be 387 and second Target 417. We can see a very strong upside movement in ITC.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty ended the day near 16k despite pressure from Reliance. Private banks did very well, but PSU banks were positive as well. Have the bulls regained control? What are your views?
RELIANCE : IS IT RIGHT TIME TO EXIT?Reliance after making big move & has reached to upside & formed ascending channel & showing some weakness on daily timeframe. I would definitely won't trade on this. Best time to stay away & wait to see further movement.
