Reliance Industries form Inverse Cup & Handle Pattern.. We can see some more fall in Reliance KEEP AN EYE ON IT…..
RELIANCE me hmm log ko dikh rha hai ek ( descending Traingle ) ek ka matlb hota hai ki hmm log dono tarf trade le sakte hai , jidar barck kre udar
There was a downward trend since last month .there is weakly support at level 1820. you can hold for reversal. Below 1820, it will go until 1600 level. Keep a close watch on 1820 level in coming days. !!Happy Investing !!!
Reliance Industries is positional sell with stoploss of 2132 as it wasnt able to breach previous HH level of 2120 on Weekly Basis and made a LH with high of 2108
Reliance 15min chart indicates that decline from 2120 is looks like an impulsive decline and wave (i), (ii) and (iii) is completed at 2035, 2075 and 1932 respectively and wave (iv) and (v) is pending. 1965-1986 is an immediate resistance range for wave (iv) retracement. reliance may complete wave (iv) in 1965-1986 range and then it may again decline 70-115 points...
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 has finish its target and stop loss Hunting zone now trading below FIBONACCI level of 1.618 (trend reversal)
Reliance has crossed above Fibonacci level 1.618 for stoploss hunting and now trading below the target level
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...
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 is looking week. Just wait for break down.
RELIANCE has broken the major support and it has already given a bearish confirmation. STOPLOSS HUNT SEEMS TO BE OVER ABOVE 1.618
Reliance Cup and Handle and Ascending triangle breakout short term profit 10-15%
Looks like big players are selling the stock around 52 week high. We believe it wll fall to 900 or even lower. Negative divergence and double top are few indication.
INTRADAY TRADE IN RELIANCE FUT SHORT@1561 STOP@1571 TARGET@1546 QTY=1500 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Stay short in Reliance with SL 1378 for target 1320+++ BUY ABOVE 1478 SL 1447 TARGET 1499/1610