Reliance may follow this path to give upper side move bt we will have to act smartly, strict stoploss bcoz of global sentiments bt yes reliance ko jana hii we can start with sip mode to archive higher 🎯targets
Hi everyone, Reliance industries short term swing trade consider buy above: 2,425, target: 2,590. stoploss: 2,347. LOGIC BEHIND TRADE: Stock has recently given breakout & pull back on it`s resistance buying on pull back is idea (target is identified from harmonic xabcd pattern level 1.131) stoploss is taken low of resistance candle. Stock looks good for short...
reliance firming a descending triangle pattern with lower highs but not lower lows .
So far weekly QM acting a strong support level and today's price action created gap down, hence before price go further down, i'm expecting the gap to fill first, so we may expect small retracement to upside then fall which may break the weekly QM level. always look for the LTF BOS before taking any trade to any side.
Reliance Trade Plan and Levels for Tomorrow.. Trade easily with BUY / SELL Signals... We can expect Market to Open Gap Down tomorrow. As per technical its BEARISH Trend and the Sentiment is little bit POSITIVE. If opens Flat, CPR will be key resistance to go Short. If trend line breaks on the lower side we can expect Reliance to touch 2334. Next support for BN...
Swing trading idea for Reliance industries, i'm looking for Buys first and Sell from Weekly supply zone, look for the proper break of structure in Lower time frame before even buy or sell from the levels
NSE:RELIANCE Trade Setup for 09-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
Howdy Traders and investors ! you are showing reliance 1 day timeframe chart. I have analyzed this chart with Elliott wave principle. so shall we direct jump on pull ? yes ! shallow ends first !!!!!!!!!!! I have liable impulse phrase from November 2016 to September 2020. before 2016 data of chart it quite deceptive and I always ask my self that do I recognize...
NSE:RELIANCE Observations: 1) On 1 day time frame, it tested 200 EMA 2nd time today. 200EMA is working as support at this moment. On daily chart it made doji candle. If it trades above today's high then we can look for long trade. And if it starts to trade below today's low then it will be short trade. Please refer below chart : 1day Time Frame. ...
Swing trading opportunity in Reliance Industries Ltd.
Chart depicts a major swing at 2350 , if it breaks 2350 , you can chase it till 2369 and further it has various resistances as marked in chart.
CHART -> RELIANCE WEEKLY SETUP As seen per the chart we are seeing a range of 2250 to 2325, was a previous resistance for Reliance and after the Breakout has been done, now in this correction that range is acting as it's support. This for educational purpose only. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI...
IID-02 RELIANCE INDUSTRY. REGIME 🔍 Overview Quantitative analysis Qualitative analysis Final words Overview 📜 { Reliance is based on a multi-functional business model worth 16T engaged as the biggest player in private sector corporation in India. These are the basic things that everyone has aware of about founders, historic performance, product...
CMP: 2477.85 Magic level In reliance completed inverted Cup and Handle Target. Now wait for magic level. Magic level above stock 2687 or index over all bullish Magic level below stock 2687 or index over all bearish. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment.
The chart is self explanatory. This is not a buy/sell recommendation, just for educational purpose.
Got long on RIL at an average of 2508. Reason for trade: 1. Good location (Weekly trendline & 200dma). 2. Reverse Head & Shoulder pattern break. 3. LL LH Structure break. Note - This is only for educational purposes. I am not a SEBI registered advisor. Please take any trade after consultation with your financial advisor.