Note: This is for educational purpose only. There seems to be a bounce back from support on 1 hour - 4 hour timeframe with increase in volume.
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 . Thank You Disclaimer: It should not be...
Note: This is for educational purpose only. Do not trade in F&O based on this analysis. 21 EMA has acted as a dynamic support previously. There seems to be a bullish bounce from 21 EMA again. Moreover, there seems to be a bullish trendline breakout in RSI as well. RSI above 60 indicates bullish momentum.
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...
Hii this is trader Kanishk This is the analysis of RELIANCE Here the phase is very volatile and we don't have to took long position in RELIANCE without confirmation . Reliance is an uptrend stock of=n each and every time frame. we can take our long positional trade in RELIANCE but after confirmation. Watch this complete video i've discussed everything. this is...
Breakout can be huge or heavy selloff can happen at 1620 level. So trade carefully! Buy only if it breaks 1620 Resistance with good volume. BUY above 1620 Target of 1640, 1650 Use tight SL
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Price action Picture going in Reliance . 1. Reliance has started the process of Re-accumulation by making An evening star pattern circled in green . This is perfect and activated also. Made on strong zone , there fore , got activated. Since it is process of re-accumulation so It should spend time in this process . When this process is activated by smart money...
INTRADAY TRADE IN RELIANCE MAY FUT BUY@1598 STOP@1576 TARGET@1630 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!!
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
RELIANCE FUTURES AND OPTIONS MOMENTUM TRADE IN MAY CONTRACT BUY@1490 STOP@1475 TARGET 1@1520 TARGET 2@1535 QTY=1500 !!CARRY FWD!! !!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!! OPTIONS TRADE IN RELIANCE 1540 CALL...
RELIANCE FUTURES AND OPTIONS MOMENTUM TRADE IN MAY CONTRACT BUY@1490 STOP@1475 TARGET 1@1520 TARGET 2@1535 QTY=1500 !!CARRY FWD!! !!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!! OPTIONS TRADE IN RELIANCE 1540 CALL...
Even though price is moving high but we have multiple resistance coming in short term Check the chart for the levels
Closing above previous sideways movement. Should provide good support.