#WeeklyWrap #Reliance #HdfcBank #heromotocorp 14th June 21First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Reliance : Trend is Up- Buy on dip ( see video for details )
Hdfc Bank : Trend is down -- Buy on dip ( see video for details )
Heromotocorp : Trend is down -- Buy on dip ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades.
Relianceindustries
Reliance - Breakout with Volume ExpansionReliance is coming out of the Accumulation zone, the range which was created 60 days ago. There is an expansion of volume on the Breakout with a good Bullish candle. There is also a break of structure since it created a higher high. It may retest the 2050 area on lower time frames. Every dip can be seen as a buying opportunity.
Targets: 2200, 2350
You are always advised to use an appropriate Risk-Reward ratio as per your strategy. If you like my charts, make sure to share and comment.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
intraday idea for tomorrow #equity relianceits gonna be a bullish day for reliance. the buy entry point is mentioned in the chart buy above only if it closes above it. targets 1,2,3 are given. stoploss can be placed below trendline. the ideas which iam giving here is meant for educational purpose.if you like my analysis like,share and follow me for daily intraday analysis.
reliance harmonic detailed viewas we can see a small harmonic pattern completed at .886 and stock made red candle here . Though candle surpassed this level but eventually fell .Now if interim support is broken on candle close basis we can buy at 2045 which will be best to buy in cash.
And if interim support is not broken we can see upside directly from here till 2492(Another harmonic pattern completes here)
I have shown both possibilities with different arrows
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Reliance stock must obey what i say i know that you are in a doubted state bro remember I learned forex and masterd it and stock is very very very easy comparing to forex its 1000% easier to control lets see
if my stop hit for buy 126 points remember I know If my stop hitted 126 then my massive big quantity sell stop order will be placed (I am like Harshad metha, but instead I am using my own money
Reliance Industries Trade Set Up Lets have a look at Reliance Industries Daily chart and you can see the base formation on Reliance Chart between 1850 - 1900 levels. Last to last week we have updated Reliance Trade Set Emerging and suggested buying zone between 1900-1950 levels with a stop loss at 1878. Now its follow up update and we can see Reliance Industries 2206-2374 and once break above 2374 we might see 2650-2700 levels in the upcoming weeks.
For Educational Purpose Only