Is reliance getting on its way to make a head and shoulder pattern . Watch out for the current levels
NSE:RELIANCE #NSE:RELIANCE rounding bottom !! Good above 2645. Happy LEarning !!
All the findings are as shown on the chart. Let me know in the comments section if there is anything that you see differently. This is my view and for educational purpose only.
Can expect to come till 2350, if 2350 is broken next can be 2180. RSI looks attractive, Above can be your SL. Only For educational purpose.
Look look..... breakout plus retest... retracement pending.... upto 0.618 level... where i draw red horizontal line...
False Breakout from 2700 Levels. Below 2700 Trend Negative Lower Levels to watch 2500 - 2400 Supports 2300-2200
We can short reliance for some easy money. Reasons behind it 1. a negative breakout of a rising wedge on 1hr time frame. 2. Bearish engulfing on 1day time frame. Fundamental reason. 1. the biggest reason behind the trade is that reliance always falls after its results you could even backtest it.
Reliance future, looks good for long-term buy, analyze and go for better entry points.
Hello friends, Here is RELIANCE INDUSTRIES short set up as per Harmonic Pattern SHORT Reliance Below 2739 with sl of 2912 closing basis for the Target of 2567 and 2247. Happy Trading Thank you.
Reliance made all time high breakout on 21 Apr gaining over 60 points during the day. RIL helped a lot to lift nifty on the day. on April 22 though RIL opened with a small gap down giving indication that this is the breakout level retest. This gave concern, as all time breakout should not have a intraday retest. Retest should have happened after 2-3 days after...
Reliance in Bullish mode. expected to tit 3000 mark
Please follow levels and trade, all trades are for educational purpose only.
Reliance Support and Resistance Buy zone: 2200 - 2300 Long Term Support: Orange Line Mid Term Support: Blue Line
NSE:RELIANCE #RELIANCE trading in parallel channel and short term levels marked for practice. Ping me to know for mid to long term levels if any one intrested. Happy LEarning !!
If it's breakout violet colour of down than short on Reliance Thanks for watching
NSE:TATAPOWER #TATAPOWER trading in a range and BO may give good momentum. Good above 247. Happy LEarning.
Price Daowen side falling Target 2645 Because this trend line face Haavy Resistenc.
NSE:INDUSTOWER #INDUSTOWER shared yesterday with levels and blasted. Whooping 14K/Lot got delivered !! Happy LEarning !! Attached yesterday chart.