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RELIANCE

Simple Safe Trade Setup | Reliance | 18-01-2022 [INTRADAY]NSE:RELIANCE Trade Setup for 18-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:RELIANCE
by Trading_hawk
2
Reliance Industries Ltd. BuyReliance Industries Ltd is India`s largest private sector enterprise, with businesses in the energy and materials value chain. The company works under different business segments CMP: 2539 Target: 2600-2700 Reliance Buy at dip. Now Good Support on 2477. Given Day Breakout 2499. Now seen big move. If you think information is useful please comment and follow for Daily Updates. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment.
NSE:RELIANCELong
by vahabsheikh
Reliance Long opportunityNSE:RELIANCE Stock - Reliance TimeFrame - Daily Hello all! Reliance has been following a trendline since March 2020. It came back to its lower trendline, took support, consolidated for a while, and bounced back. It also broke its previous swing high with healthy volumes. This generates an opportunity to go long! Besides Price action, Reliance also has support from its 50 day EMA. The Risk is pretty small which makes for a good Reward to Risk Ratio. *NOT A CALL*
NSE:RELIANCELong
by Traders_Town
Nifty ends above 18200, Bank Nifty held back by HDFC BankNIFTY 50 EOD ANALYSIS 12-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 18170.40 H 18227.95 L 18128.80 C 18212.35 EOD +156.60 points / +0.87% SGX Nifty 12-1-22 @ 1915h = +77 FII DII = +330 Crores CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened with a 100+ point gap up and wobbled a bit but then made steady progress throughout the day with some choppiness. The leading scrips of Nifty as well as Bank Nifty,were quite volatile which made it hard for the indices to move up consistently. Nifty managed to close above 18200 with a slight drop in the India Vix. The indices have made higher highs and higher lows. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 109 Top 5 Draggers contributed = 34 Net = +75 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 289 Top 3 Draggers contributed = 94 Net = +189 POSITIVES Reliance, ICICI Bank, Infosys, and Kotak Bank helped the indices rally. Reliance closed above 2500. NEGATIVES Underperformance by HDFC Bank and TCS. HDFC was unable to sustain above 2750 and went sideways. FIIs are back in sell mode with 1,002 Crores. TRADING RANGE FOR 13 JAN 22 Nifty support = 17800-17900 Nifty resistance = 18250-300-400 Bank Nifty Support = 37200-500 Bank Nifty resistance = 38800-900-39000-39200 INSIGHTS / OBSERVATIONS Nifty OHLC was above 18100 - in fact, above 18100. The last time it happened was on 15-11-21, so it took almost 2 months for the Index to circle back. Any move upwards from here would mean resumption of the uptrend which was given up from 16-11-21. And Bank Nifty made another day in a row above 38000 as far its OHLC levels are concerned. Today’s low was 38600+ so it is a very good sign. However, when looking at a granular level, Bank Nifty could manage to close 8 points above the opening price level. Bank Nifty moved in a narrow range drifting on the downside. HDFC Bank held it back forcibly as it came down 1%+ from the day high. TCS was very nervous ahead of its results so its reaction to the results is going to be quite interesting in the opening hour. I think after a long time 3 IT companies from Nifty 50 would see the market reaction on the same day following the release of its quarterly results. So Nifty may go all over and the moves could be wild and volatile. What do you feel about this? Here is the link to the video: youtu.be Thank you, and Happy Money Making! Umesh 12-1-22 Not SEBI registered The post is for educational & informational purposes only. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
2
Reliance bullish swing above 2400Hello traders, no updates on the last stocks due to limited time I have right now. Reliance has been following a supportive trendline for about 6 months and now it is following a resistance trendline for about 2 months, it is time for the intersection of these trendlines to complete the symmetrical triangle. When it gives a breakout from this triangle go long for the upper marked targets. Buy above - 2400 Targets marked in the chart above RSI in the bullish zone MACD above signal line Stock above 200 ma cluster Above flip zone Symmetrical triangles tend to be a continuation pattern and in this script I'll consider going long as a better opportunity. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:RELIANCELong
by this_is_shoaib
4
RELIANCE a good medium term betShows signs of short term trend reversal (bearish to bullish), and continuation of long term trend of bullish 1) Took support on 200 Day Moving Average 2) reversal from 61.8% retracement level of Fibonacci support level 3) Head and Shoulder pattern neck line Breakout 4) Flag and Pole pattern 5) Trend line Breakout 6) reversal from June Highs of 2375 for Short term Trade, keep stoploss below 2329 and for medium term keep stoploss below 2289 all levels in chart..
NSE:RELIANCELong
by MIRACLE2128
3