If Breaks Then The Targets could be Taken at 2580 . Time Frame :- 1 Hour Patterns Name :- Elliott Wave Symbol Name :- Reliance Comment Below If You want to ask me questions on this on any other idea . Based on Your Own Risk this is only to Show you the Current Pattern . We are not responsible for any profit or loss . BTW Like and Follow if you like this awesome content
Educational purpose only Reliance Ind remains weak and in the sell zone. It could be the reason Nifty may not be able to soar. Reliance is trading below the Pivot in the hourly chart. Pivot is at 2525 levels (approx) and bull will only enter one this level is breached and trading sustains above it which looks a little difficult at this point in time. Weekly PCR...
Levels to Buy if it gets there for Reliance. Larger Range PoC is the lowest target. Also important to keep note of the Fib Channel that has been respected very well in the past.
On daily candle we can see Bullish Harami candle. Unfilled Gap we can see @ 2701 Symmetric triangle we can see. I will add more Qnty once it cross @2594.35
trend line support break in previous session. big and clearly m formation in d1 time frame. ready to touch next near support rsi and macd also in negative trend wait for reversal confirmation then invest. Note: This is not for trading purpose, i only provide for swing and investment purpose.
After the falling wedge breakout I posted earlier Will reliance take support on the trend-line or break it? Will it take nifty to lower levels along with it. Can be weak after a close below 2400 Stay tuned
Reliance is trading near yellow support line, it has taken support from these levels in the recent past. Let's see if it breaks this time or takes a bounce. Both side levels are marked on the chart with white lines. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
RELIANCE on major support. Breaking of today's low may fetch it up to 2220-2250 levels. Today's low will be SL. V good Risk-Reward for long.
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NSE:RELIANCE #NSE:RELIANCE updated chart, reliance chart shared with our friends and it worked really well, further levels marked on chart for practice. Happy LEarning !!
Reliance chart has been analyzed as per Elliott Wave Theory . Here what we can see is NSE:RELIANCE is going to make a fall in the higher time frame. Any query is welcome.
Falcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 20 – June 24 ) Last Weekly Nifty witness selling pressure below 16057 , while the pivot for the week @ 16327 was not breached on upside. Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 15185 levels, whereas minor resistance on the upside...
If it breaks 2500 level, can see 2300 coming nextwhere it finds its ema20,which is a very good point to bounce, also abest entry to buy however can start SIP on each falling level as anytime on monthly if it closes above 2800 also breaks red channel shown in chart then Reliance can see 4000 level as per blue channel level target.
On the weekly time frame the stock is trading within raising wedge pattern and as long as the pattern is holding it will keep bouncing from lower support. Breaking below the lower support line will trigger selling and 8 to 10% correction is possible in the stock.
Intraday setups for reliance India. Trade as per the setups not as per level metioned... This is not a suggestion only for education trade as per your own risk.
NSE:STAR #NSE:STAR 310 & 330 CE bagged handsome profits of 15k/lot today and formed beautiful ascending triangle. BO Reisistance and sustainability may show good upside momentum, BD trendline support levels marked for caution. Happy LEarning
In Reliance RK's momentum sell signal is already activated on daily chart, and yesterday finally it break down from that rising channel, and today we closed below 20dma along with close below RK's stop line which is at 2635, now we can say that yes we are in bearish phase. As per Elliot wave structure also, wave E of the ending pattern ended in april and fall was...