What s up Traders, Everyone's favorite Reliance INDS took support from weekly trendline and previous swing high.. One can Initiate a good long position in RIL according to their risk reward setup.. Best range for SL would be below the trendline.. Thanks!!! NSE:RELIANCE
This is weekly timeframe. It took support at 0.38 fibo level. Gave breakout. As per flag pattern the target comes 3600 levels it's seems way too high and may take yrs to achieve. But we may see 2370-80 levels soon as it is resistance zone. Sharp rise in volumes on buy side on weekly timeframe. Let's see what happens. This is my own analysis and only for...
Reliance Long Bullish engulfing candlesticks pattern Buy at CMP- 2430 SL- 2309 Target- 2560, 2645, 2722 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Reliance The stock is currently near Support zone On the upside in the short term it may find resistance around 2512 odd levels Till the time the 2nd line of Support is held on to the overall set up for medium term looks good Target for medium term 2720 / 3200 Take care & safe trading... Disclaimer - The view expressed here is my personal view - Past...
Trend suggestt some bit upward move with Retracement which may take long time to give upside boost. Expecting that upside 2750-2780 levels can give Supply presure for downfall upto 2405 levels in short range. Everything mentioned in chart with Trend. {Views are only for Educational Purpose.}
Reliance looks good with 2280 sl and add on dips till 2300/2330 target should be around 2400/2450/2500/2550/2600+-
short for target of 2270 . Initiate short below 2445 trade at your own risk
NIFTY 50 EOD ANALYSIS 22-11-21 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 17796.25 H 17805.25 L 17280.45 C 17416.55 EOD --348.25 points / -1.96% SGX Nifty 22-11-21...
Reliance has become weak after ARAMCO deal news. RSI level of 38.39 not broken since May 2021 is now broken. Moving towards 2314 . First support 2314 . Second support 2231. Analysis for self record only.
I hope you can now see how Reliance represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
reliance stock is falling if see any god fall watch from harmonics prz and fib. levels for any reversals on them. also trade with plan not in hurry. always risk :)
1. Buyers from a and b were happy that Reliance made 2600. Many who missed this move would be regretting not entering around 2460. 2. c gave buyers chance to buy again around 2450 with hope of 2600 and higher and many bought on 18th Nov. 3. Where they are going to keep their stop ? At what level are these buyers going to exit ? 2450 and 2400. 4. Here is where...
Hello Traders, This is my personal indicator setup for Intraday Trading. Strategy and the Trend will be shown in the table automatically. And the levels are automatically plotted (Dynamic levels 🩸, Air, 🌱) You can see the accuracy of my Friday Trade - Sell @ 2474/2490 Like and Follow me for more details and Indicators. Happy Trading!!
Reliance NSE is likely to fall further in coming days as the chart shows .
On Support level .. Fibo Retracement 38.2 level.. BUY for Target 2595 and 2660 SL on Closing Basis at 2435 buy with 2.4 Risk to Reward Ratio..
NSE:BSOFT #BSOFT trading bullish and BO the TL. High chances to give positive momentum !!
NIFTY 50 EOD ANALYSIS 17-11-21 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 17939.35 H 18022.65 L 17879.25 C 17898.65 EOD --100.55 points / -0.56% SGX Nifty 17-11-21...
short reliance for target of 2490 after candle closes below upper green line trade at your own risk