relianceindustries

RELIANCE Q2 profits are good... By looking at the OI - PCR at 0.59 i am thinking Investors are making long positions, and we have to wait and watch what will happen in the coming trading sessions. My expectations are above 1177 it will rally towards 1220 - 1270

Don't be a fool by accumulating NSE:RELIANCE at these levels because of the results, jio, blah blah....... Remember the level 655, it would come down there some day. Accumulate then only...... Currently, just trade, don't invest.

Reliance Looks a good buy around 1050 with sl 1010 Due to three confirmations 1)Bullish Engulfing at this level 2)Horizontal Support 3)200DEMA around 1040

If closes below 1100 (i.e. a breakdown), Sell: 1095, SL:1128, Target1: 1072 Target 2: 935 levels Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

RELIANCE MIGHT FALL 1-2 % MORE AND RISE THEREAFTER. BUY RELIANCE ABOVE 1109 FOR TARGETS 1120/1133/1148 SL 1081

RIL has formed a H&S pattern in the daily charts, and there was a breakdown closed below the neckline. Target SL mentioned in the charts. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

The "SHORT" will be initiated if the stock is able to break the following levels: ENTRY - 1221.30/- STOPLOSS- 1251/- (which I suggest to trail when the positions come in profits) TARGETS: FIRST- 1209.30/- SECOND- 1197.20/- FINAL- 1185.00/- (Chances of this targets are likes JACKPOTS which happens very rarely) "EARN BIG PROFITS; TAKE SMALL LOSSES"

As on 15th Sep 2018, Reliance is looking bearish for short term and bullish for long term as per support trend line and fibonacci indicator on daily chart. SHORT TERM BEARISH TARGETS_1240.60/1219.80/1200_STOP LOSS 1273 LONG TERM BULLISH TARGETS_1300/1331/1351_STOP LOSS 1229 Moreover, as per fibonacci levels, reliance will retrace upto 38.2% level i.e. 1150.

NSE:RELIANCE https://www.tradingview.com/x/nGbAYhF6/ A close outside this triangle patter will lead to new all time highs in this stock.

SO SHORT TRADE PLAYED OUT PRETTY WELL DONT BE FOOLED THAT THE STOCK HAS TURNED FOR GOOD BE AWARE ITS EXPIRY NOW WE CATCH IT ON THE UP SIDE A SLIDE TO 1245 CAN BE SOLD NOW AND COVERED @1250 AND ADD FRESH LONGS @1245-50 FIRST TRADE SHORT@1280 STOP@1290 TARGET@1250 LOT:1000 QTY:1 SECOND TRADE BUY@1245-50 STOP@1235 TARET@1280 LOT:1000 QTY:2

TRIANGLE PATTERN BREAKOUT

Reliance Industries Ltd currently trading at 1203.75 spot as on 17th Aug 2018. After reaching its 52 week high at 1231.7 on 9th Aug 2018, The stock made a possible pullback (low at 1182.7) and currently trying to break on upside. Price is making higher lows considering the previous rise (from 1112.5 to 1231.7) followed by pullback (1231.7 to 1182.7) and ...

In the last two months, the stocks that have contributed the most to the nifty bull run are reliance industries, hdfcbank and tcs. The results of Reliance Industries were ok but does not justify the high valuations the market has given to it. The short-term trend is way above the yearly trend of this stock and it looks ripe for a correction. On Friday the stock ...

The 5 legged impulse to the upside looks almost complete and hence should be followed by a corrective decline which can take Reliance to a minimum of 1080 and possibly even lower levels. Stop Loss above last swing high 1140.

Due to bad resolution picture might confuse. Image below https://www.tradingview.com/x/nMZ2Xg7m/ Recommendation is sell. Based on technical analysis I predict it will go down with and follow 65 Degree down trend. Based on today (17th July) it might appear other way around and most individual trader might like to enter Long position. This is exactly big fish wants. ...

BSE:RELIANCE Reliance Bear Might control/Short Next week Reliance downward swing angle match upside. Next week expect profit booking/shorting. Caution: Fresh Long position should be with stop loss https://www.tradingview.com/x/BzJyDeCM/

Reliance looks good long after the correction till 907. One can go long on it from 920 with SL below recent swing low for Targets 980-1000.

Reliance cmp 916 Initiating positional shorts in reliance with stoploss above 934 Trgt 880 approx all prices spot trade instrument june futures trade quantity will be less than usual because of lack of direction in index positional trade carries huge overnight risk - NOT for small traders with capital 1-2 lakhs . Might not update trade in real time so ...