NSE:RELIANCE
RELIANCE is still having bearish trend.
For Intraday trader, you can play between the levels marked on the chart.
If some particular level break out then it will give a buy trade till next level on the up side. And it some particular level break down then it will give a sell trader till next level on the down side. But take the trade once you...
NSE:RELIANCE
Review
Today, 23-07-2021, Reliance opened with gap up to trap trader with bullish sentiment. And couldn't able to hold even above 2110 level.
But the good thing is, on daily chart it took support from trendline and also closed above 21DMA. This level above 2100 will be immediate support zone for RELIANCE. After that it has support zone at...
NSE:RELIANCE
Our buying trade will only initiate above 2127 as mentioned earlier.
Today it broke the trendline and also took support from it and also 21DMA has been broken today. But only thing to worry was average volume.
But it will only show good strength once it goes up 2127 level.
Comment below if you have any doubt.
Hope my ideas are helping you to...
NSE:RELIANCE
Reliance looks bullish once it breaks the trend-line.
Fresh buying can be made only above 2127 for safe trade. Target levels are mentioned in the chart.
Reliance Futures
LTP: 2155.95
Support:2100.00
Resistance:2180.00 / 2222.15
15m Chart
The chart is in an uptrend since 2nd July
Candles are taking support at 12 DEMA
RSI and MACD are both above the horizon which indicates a bullish trend
Hourly Chart
2100 seems like a very strong support level
Looks like the charts have made a cup and handle pattern which is a...
Reliance Industry seems to have a breakout from a triangle pattern, so give an entry with appropriate Stop loss only after its breakout
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry...
Hi guys,
You know what to do ! Just follow the setup and have a strict SL as marked in the chart. Punch any comments if you have.
Regards,
Abhishek Singh
Reliance Looking for a Buying Opportunity
Reliance Price Rejected from Top Level, There are two supports that may bounce. The first support has a 70% probability of bouncing, while the second support has a 30% chance of bouncing. You may buy for swing trading, short or long term, so don't miss out.
Also, Keep It Mind that
If stock market gurus were true...
Hello Everyone,
This is an update to the earlier trade set up updated in Reliance Industries. Now Reliance successfully closed above 2200 levels which was our first level and next level is Reliance all time high 2369 which is likely to be achieved in coming days. Reliance presently trading at 2245 levels. After 2369 we will once again review the chart and will...
RELIANCE
Buy- Above 2250
SL- 2150
Target- 2370 2520 2700 2900
Duration- Mid Term Holding
Short Term traders can also enter and make profit. Short Term trader will book profits @ 2515 . It will correct a bit from this level. That is Short Term PRZ.
looking strong above -2199 for the targets of T1 and T2, SL-2188
Sell below -2181, for the targets of T1 and T2, SL-2192.
trade will remain void if open gap up or gap down (big).
Lets have a look at Reliance Industries Daily chart and you can see the base formation on Reliance Chart between 1850 - 1900 levels. Last to last week we have updated Reliance Trade Set Emerging and suggested buying zone between 1900-1950 levels with a stop loss at 1878. Now its follow up update and we can see Reliance Industries 2206-2374 and once break above...
RELIANCE 1 WEEK CHART PATTERN CUP HANDLE BREAKOUT NOW IT HAS RESISTANCE ON PRICE 2227, WEHN IT BREAK THIS IT WILL STRONG BULLISH
YOUR TRAIL POSITIONAL TARGET ARE 2324.80 AND
TARGET 2ND: 2665.02
RELIANCE CLOSE ABOVE - SMA 200
WHICH INDICATES BULLISH TREND FOR RELIANCE
ESTIMATED 10% to 20% BULL TREND FROM HERE
JAI HIND JAI BHARAT
#RELINACE #BULLISH #LONG #LONGRELIANCE #BUYRELIANCE
DISCLAIMER : THIS IS MY VIEW, AND THIS FOR ONLY EDUCATION PURPOSE, SO BEFORE TAKING ANY POSITION ON MY VIEW KINDLY CONFIRM WITH YOUR FINANCIAL ADVISOR. THANKS
