AS it have broken level of 2247.1 of 20-Dec now it have formed a Lower low Incomplete sequence. with this it have open a door for its move to 20260 vicinity where it may find a support and we can look fir buying opportunity in this zone marked. Which also means their is scope for selling opportunity till that level. Wish you a Happy Trading
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...
high : 19/10/2021 : 2,751.35 low : 28/07/2021 : 2,016.25 75 % : 2567.57 50% : 2383.80 25% : 2200.02
reliance firming a descending triangle pattern with lower highs but not lower lows .
NSE:RELIANCE Trade Setup for 09-02-2022 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...
NSE:RELIANCE Observations: 1) On 1 day time frame, it tested 200 EMA 2nd time today. 200EMA is working as support at this moment. On daily chart it made doji candle. If it trades above today's high then we can look for long trade. And if it starts to trade below today's low then it will be short trade. Please refer below chart : 1day Time Frame. ...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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...
Reliance 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...
Hello 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...
Stock : reliance travelling in channel timeframe 1 hour
NSE:RELIANCE Trade Setup for Date: 03-01-2022 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...
NSE:RELIANCE Trade Setup for Date: 29-12-2021 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...
NSE:RELIANCE all the trade setup will remain same as per previous. Trade Setup for Date: 28-12-2021 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...
Nifty is following heavyweight reliance. it seems that both are under WXYXZ correction mode and last leg of correction (i.e. wave Z) is under progress. Sub wave (v) of Z may take reliance to 2220 level which is 255 DEMA ( acted as very strong support) and should complete the correction. After completion of this wave, the original trend which is uptrend , will...
Reliance has strong support zone at 2300-2280 levels and looking good to buy on Dips until these levels are intact on closing basis. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Reliance Monthly Chart is forming Cup and Handle Pattern
NSE:RELIANCE Observations: 1) On 1day time frame,it couldn't manage to sustain above 21DMA and close below 21DMA. But it is still trading above 100DMA. 100DMA is major support. 21DMA is placed at 2444.06. 100DMA is placed at 2389.26. Major breakout level is at 2500 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it has...