Hi Viewer, Hope you are doing well. This is my own analysis for Reliance in 1D tf. Levels are drawn. Please have a look. Please Note: I am not a SEBI advisor. Thanks.
Double Top has been formed on daily chart and Reliance looks good to sell if sustains below 2360 for the Target of 2000 - 1920. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Reliance failed to impress the market with its results, causing the bears to take over the day. Do you feel the grand entrance by the bears will last? Curious to hear your thoughts too!
HDFC twins and banks helped the indices close at two-month highs, while IT stocks faced some headwinds. What are your views?
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...
Nifty and Banknifty expired above 16,600 and 36,000 respectively. This is an important thing from a sentiment POV. Do you think this positivity will last?
support- 2442.35 target- 2617.45 next target near supply zone breakout after long consolidation
Nifty took resistance from under 16,500 and banks failed to deliver. IT stocks were strong though. What's your view on this week's expiry?
After a great ending in DOW JONES , Indian markets should also be positive for some days. If you have money and also want to play safe. -1x 28JUL2022 2300PE - ₹ 20.35 +1x 28JUL2022 2240PE - ₹ 9.95 WINNING PROBABILITY-76% ROI-7.42% Margin(1 LOT)- ₹ 35023
buy reliance after crossing 200 MA or a short target can also be made upto 200 MA 1- macd crossover 2 - high volume 3- price action & trading above support 4 - positive momentum of price and oscillators
Banks lifted the indices today and helped Nifty close above 16,300 and Banknifty above 35,700. What are your views?
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...
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...
Triangle Pattern Formation seen on 4-Hourly chart, Stock is trading below 200 Days EMA. Below 2380 We may sell off in RELIANCE FUT
Good to keep on the radar as it will help to decide market direction Always respect SL & position sizing =================================== Trade Secrets By Pratik =================================== Disclaimer - SEBI UNREGISTERED This is our personal view and this analysis is only for educational purposes. Please consult your advisor before investing or...
Reliance 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!!
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