NSE:RELIANCE Reliance resistance level ( target ) is still far from current level so whoever already in swing trade cdan hold it with trailing stop loss ones reach at PRZ and finreversal then only book long and one can short as well from there. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading...
IEX is looking good to short Technical reasons for the trade 1. The stock is resisting and taking support from the trendlines which are in color 2. The stock took support from a red trendline 2 times now it is trading near that trend line so it might break it and also it is trading near its 200ema so this might also be broken. 3. The stock formed a bearish flag...
Index trend, Weekly Derivatves pick and Important trade levels for the day and week
We can short reliance for some easy money. Reasons behind it 1. a negative breakout of a rising wedge on 1hr time frame. 2. Bearish engulfing on 1day time frame. Fundamental reason. 1. the biggest reason behind the trade is that reliance always falls after its results you could even backtest it.
NSE:AMIORG #NSE:AMIORG BO levels marked on chart, happy LEarning !!
NSE:TVSMOTOR #NSE:TVSMOTOR bagged good profits with the level shared here.... attached the chart shared. Check my signature column under this chart for our whole learnings today !!! Happy LEarning !!
Reliance future, looks good for long-term buy, analyze and go for better entry points.
Reliance made all time high breakout on 21 Apr gaining over 60 points during the day. RIL helped a lot to lift nifty on the day. on April 22 though RIL opened with a small gap down giving indication that this is the breakout level retest. This gave concern, as all time breakout should not have a intraday retest. Retest should have happened after 2-3 days after...
bullish flag pattern breakout after good trade.....
Reliance in Bullish mode. expected to tit 3000 mark
Nifty is approaching good demand levels. Below 17000 can grab liquidity and create good short term upward momentum to specified levels. The demand zone also coincides with Fibonacci Levels.
Reliance is trading in the channel with an upward bias on a weekly chart. 2600 and 2710 are levels to watch out for. Above 2710, 3253 is the next level where the price can meet resistance as per Fibonacci. Strong support visible at 2331, in case of retracement. Also, stock is above the 40 and 10 weekly EMA.
📈 Reliance Industries Ltd. 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2450 . On Buy Side I am looking for Targets of 2552, 2600 and 2730. StopLoss should be kept below 2350 zone. It offers 1:2.5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
CMP: 196 - Trading inside mother candle from past 3 weeks - Flag and Pole pattern formation near All Time High - A low risk set- up
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Please follow levels and trade, all trades are for educational purpose only.