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RELIANCE

#Reliance Trend Analysis NSE:RELIANCE Everything one can see on chart. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:RELIANCE
by linesandlevels
RELIANCE take a strong support on 2240 Reliance took a strong support on 2240 levels which also acted as a support previously even, this time reliance zooms 3.30% from the support zone and might move upward till target of 2460-2500 and if further the trendline gets breakout then the reliance may move up to extent of 2565, however being very volatility and news driven moves in the market caution to maintain with a strict stoploss of 2215 This is just my analysis.... Do like if its worthy
NSE:RELIANCELong
by dhruvnarola
Nifty Spot Weekly Outlook 28Feb to Mar 4thAs discussed in Last Analysis Below 16900 low weak made low of 16203 last week. Falcon Analytics Outlook Nifty 50 for the week (Feb 28 – Mar4) Technically on the daily charts we see major support on the downside for Nifty50 index lies at 16298 levels, whereas major resistance on the upside is capped around 17176 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 16028/15589 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 17446/17885 . Currently Nifty50 index is trading Below 200 day MA @ 16913 suggests long term trend is Bearish. Falcon Analytics predicts range for the week is seen from 16023 on downside and 17446 on upside. ( All Spot Levels) RESISTANCE 4: 18324 RESISTANCE 3: 17885 RESISTANCE 2: 17446 RESISTANCE 1: 17176 WEEKLY PIVOT LEVELS: 16737 SUPPORT 1: 16298 SUPPORT 2: 16028 SUPPORT 3: 15589 SUPPORT 4: 15150 All above views for education purpose only. Regards, MD .
NSE:NIFTYShort
by miraldesai
Reliance ready for the uptrend!🤩💸🔥Buy Reliance for Positional Trading as well as Investment.💸🔥💸 Comment your views‼️😄 . 💡About Company: Reliance Industries is one of India’s biggest conglomerates with a presence in oil refining & marketing and petrochemicals, oil & gas exploration, retail, digital services and media, etc making it a well-diversified business entity. . 💡Future View: Reliance Jio raised its prepaid tariffs by ~20% across the board, albeit maintaining the popular packs pricing at 7-14% discount to peers. RIL’s consumer business will be the growth driver, going ahead. The company has a strong balance sheet post fundraising while its traditional business will continue to generate steady cash flows. Increment value will be unlocked from the ‘digital ecosystem’ that will be captured at the Jio Platforms (JPL) level. . ✅Both Technically and Fundamentally strong stock.💪💪 The company recently posted the best Q3 Result. . ❇️The stock had given a breakout of the 1-year long resistance in Sept 2021 post that it is in retracement phase from mid-Oct 2021. Heavy demand near major support indicates that we can expect a strong uptrend from here. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position gradually as the stock rises. ⁠5. Trade in the direction of the bigger trend. 6. Ride the trend, don't sell your winners early. . Like, Comment & Share 😄😄😄
NSE:RELIANCELong
by technofunda_trader