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Relianceindustries

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
2
RELIANCE OPTIONS IDEA Bullish momentum is over now its time for bearish. 2460PE 31MAR2022 expiry will perform nicely. OI also good at this level. The above analysis is my view only. The market can turn any side anytime, depending on several factors so protective play is always safe. If the bull power is so high above the current price it must cross the gray box Supply zone. Anyway stay alert to come out if you are going to lose. Never take risk all your Capital, Tray to stay in the game by protecting your capital. Hope never makes you win only Technicals and your mindset makes you win. Note: I'm not a financial advisor or registered analyst please follow the expert's ideas before you trade. If you like or win from my idea please like and comment to encourage. Ask me if you want any chart analysis.
NSE:RELIANCE
by RisingPrince
RELIANCE INDReliance has given breakout of resistance trendline on daily chart along with very good intensity of volume, also it has been closed above 20WMA (Weekly Mid Bollinger Band) in addition to this macd in weekly is about to turn positive and daily has done positive crossover few days back, which is now uptick above zero line. Possibly wave 3 of 3 can now unfold. On the way up, it can rise higher towards the upper end of the rising channel which is currently pegged at 2918 coincides wave 1 and 3 both will be equal at nearly at same level. On the way down, RK's stop line and 20WMA , currently pegged at 2416 and 2340, will provide support in forthcoming weeks. RK's Magic positive signals to go long breakout on daily time frame with good volumes weekly chart some findings are mentioned in snapshot macd in weekly uptick above zero line macd in daily positive rsi in daily chart uptick and now at 60. Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:RELIANCELong
by RK_Chaarts
26
#Reliance Trend Analysis NSE:RELIANCE Everything one can see on chart. 📌 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:RELIANCE
by linesandlevels