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Relianceindustries

#Reliance Swing Target NSE:RELIANCE Reliance resistance level ( target ) is still far from current level so whoever already in swing trade cdan hold it with trailing stop loss ones reach at PRZ and finreversal then only book long and one can short as well from there. 📌 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 Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:RELIANCEShort
by linesandlevels
Reliance Ind / RIL - trade setup - 25 April 2022Reliance 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 showing the strength. But the strength got lost very soon. This huge dogi on daily chart is the second concern on RIL bull rally. In 1 hr chart reliance has already made double top after the breakout, creating M pattern at top. This is another signal possible reversal. Note: All prices mentioned here are as per spot. RIL Trade setup for Monday 25 April 2022: Trade setup # 1 (Short setup ) : If RIL open flat (between 2750-2758) and moves down Short below 2747 SL - 2764 Target - 2700 / 2670 / 2630 Trade setup # 2 (Short setup ) : If RIL opens higher but below 2792 Short between 2787 - 2792 SL 2796 Target 2061 ( If RIL slips even lower then Trade setup # 1 can be executed) I do not suggest attempting to go long as it will involve high risk sighting global cues and Dow/Nifty trend, and will demand constant attention. So not posting the trade setup. however the breakout level on the upside will be 2808 and target can be as high as 2850 / 2910 Disclaimer: This is just my view on the stock/index. I'm not a registered advisor on market analysis. The idea is published only to spread my views on the trend and price movement probability, and gather feedback to cultivate healthy discussions. Please do your due diligence before investing your money. Remember, you're responsible for your investments and trades.
NSE:RELIANCEShort
by anuragcoma15
Reliance Analysis !! Broke Out📈 Reliance Industries Ltd. 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2450 . On Buy Side I am looking for Targets of 2552, 2600 and 2730. 
 StopLoss should be kept below 2350 zone. It offers 1:2.5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:RELIANCELong
by ShelendrAgrawal
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