RELIANCE
RELIANCE Cup and HandleNSE:RELIANCE
#NSE:RELIANCE formed beautiful cupandhandle pattern and conolidated, Post BO can expect good momentum.
Levels shared for practice.
Happy LEarning !!
RELIANCE View NSE:RELIANCE
#NSE:RELIANCE 2600 CE given today morning and it zooomed to sky with almost 3% move Bagged 29k/Lot.
Check out the earnings.
Other stocks reports also shared.
Happy LEarning !!
Nifty Spot Weekly Outlook 30th May to 03th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( May 30 – June 03 )
As Discussed in Last Weekly Analysis Nifty witness selling pressure @ major resistance @ 16387 on Monday, while the major support for the week @ 15560 was not breached.
Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15907 levels,
whereas major resistance on the upside is capped around 16418 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15712/15516 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16538/16734.
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16754 suggests long term trend is Bearish.
Range for the week is seen from 15907 on downside and 16734 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16929
RESISTANCE 3: 16734
RESISTANCE 2: 16538
RESISTANCE 1: 16418
WEEKLY PIVOT LEVELS: 16223
SUPPORT 1: 16027
SUPPORT 2: 15907
SUPPORT 3: 15712
SUPPORT 4: 15516
A ll above views for education purpose only.
Regards,
MD. [
RELIANCE - 30th May 2022Stock needs to hold above 2538-2471 Zones to sustain an Upmove.
Break of support could leads to choppiness with downward bias.
BANKNIFTY#Breakout With High Volume IS Good.
#Hold If Every Thing's is Fine
#Dont Buy Without Stop loss
#RELIANCECrossing 2624 leads the way to 2758
Crossing 2593 leads to 2481 / 2425 / 2403
SL 2538 which overlaps the wave
Reliance sell lvlReliance facing res at marked lvl. The lvl act as res as well as support . My expectation this time the lvl going to be act as res.
BUY #Reliance around 2400 SL - 2280 & TG - 2600 & 2800BUY #Reliance around 2400 SL - 2280 & TG - 2600 & 2800
India Vix has been on its peak, if it comes down (has to) market will show good upside momentum
RELIANCE - 23rd May 2022Stock encountering Multiple Resistance Zones.
No Clear Uptrend till Resistance Zones Crossed and sustained on Weekly Closing Basis.
RELIANCE Levels for 23-May-21(Intraday) Buy above 2650 for 10,25,35++
Sell below 2616 for 10,25,35++
Analysis based on gann fan only...
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
RELIANCE Rounding Bottom !!NSE:RELIANCE
#NSE:RELIANCE rounding bottom !!
Good above 2645.
Happy LEarning !!
Reliance - Analysis for May ExpiryAll the findings are as shown on the chart.
Let me know in the comments section if there is anything that you see differently.
This is my view and for educational purpose only.
Reliance Trend Lines.Can expect to come till 2350, if 2350 is broken next can be 2180.
RSI looks attractive, Above can be your SL.
Only For educational purpose.
Inverted Flag Pole for Reliance Reliance currently loooks like in bear grip. I am expecting straight 100 points fall below 2400, if not more. 2300 acted strong support earlier if breaks the support we can see further fall.weak only below 2400, Rest market supreme.
Paytm exactly played my pointsEvery time i shared all the buying and selling zone of paytm and again you can check my previous analysis of paytm n compair it with this post. I shares quality analysis with you but not getting that appreciable support you can check and compair all my post you'll get it
Bullish movement in reliance We can observe a strong bullish movement on 200 EMA acting as a support. Stock is expected to move by 10 per cent in the coming week
Reliance Long opportunityNSE:RELIANCE
Stock -> Reliance
TimeFrame -> Weekly
Hello all!
Reliance has been traveling in a channel. It's now back at its lower channel trendline which makes for a good opportunity to go long.
There are multiple factors that further strengthen my conviction:
1)Presence of a support zone
2)Support from 50 week EMA
The Reward to Risk Ratio also seems favorable
*NOT A CALL*
Nifty Spot Weekly Outlook 16th May to 20th May
Falcon Analytics Outlook Nifty 50 for the week ( May 16 – May20 )
Technically on the daily charts we see major support on the downside for Nifty50 index lies at 15560 levels,
whereas major resistance on the upside is capped around 16387 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15304/15049 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16642/16898 .
Currently Nifty50 index is trading Below 200 day EMA @ 16819 suggests long term trend is Bearish .
Falcon Analytics predicts range for the week is seen from 15049 on downside and 16642 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16898
RESISTANCE 3: 16642
RESISTANCE 2: 16387
RESISTANCE 1: 16229
WEEKLY PIVOT LEVELS: 15973
SUPPORT 1: 15718
SUPPORT 2: 15560
SUPPORT 3: 15304
SUPPORT 4: 15049
All above views for education purpose only.
Regards,
MD .
NIFTY PredictionThe nifty prediction
Nifty making a W or double bottom patter nee d to watch tomorrow will it hold or Break
Reliance long Look look..... breakout plus retest... retracement pending.... upto 0.618 level... where i draw red horizontal line...
WIPRO | FALLING WEDGE🔴 Falling wedge pattern is being formed.
🔴When diagonal support and straight line support meets it will become a stronger one.
🔴Price will try to go up from the current support.
🔴If it fails to hold it may go sideways for re-accumulation phase
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
