Relianceindustries
RELIANCE BUY ABOVE 2010-2015RELIANCE BUY ABOVE 2010-2015
SL1970
TARGET: 2032, 2058, 2074. 2093, 2114, 2126
Buy range and SL are on Closing Basis
Posting for Educational purpose only
Closing Basis means stock need to trade above 2010 - 2015 between 3:20 ~ 3.30 PM
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Reliance Channel BreakoutReliance on the verge of breakout, upside move more probable. Look at pivot points in chart for levels. Great Opportunity Upcoming.
Lower Target 1 and Stop Loss for Longs: 1993.
Upper Target 1 and Stop Loss for Shorts: 2010.
Stay Connected for Further Targets.
Note: Idea only for Education Purposes.
Reliance a Game changer ? Weekly wrap Reliance In this Video I discuss my weekly view on reliance.
Trend is Up Buy on dip or breakout trade ?
2002 a strong support with resistance at 2100.
sl 1960 for long term.
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades.
RELIANCE INDUSTRIES | RR 1:2.5 | Triangle Pattern(Intraday / Swing / Positional) | RR 1:2.5+ | Type:- Pre - Breakout/Retest
Reasons To Trade🤔 :- Stock Is In Overall Uptrend, Above 200DMA, Market & Sector Leader, Ready To Break - Triangle Pattern .
Entry :- 2040 (After Breakout)
Stop Loss :- 1985
Target's :- 2175 | 2300
(Risk Must Be Managed.)
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--Any Suggestions--
Symmetrical Triangle in RelianceReliance Industries has formed a Symmetrical Triangle on Daily Chart.
Though its a continuation pattern, and the current short term trend is down in RIL
it is expected to give a downside breakout to continue to trend.
However, since anything may happen in the market, it's better to wait for Breakout on either side of the pattern.
Reliance Formed "Symmetrical Triangle"Reliance formed a symmetrical triangle in the higher time frame. In the long term, the stock has consolidated a lot and there Are good chances we can see some big moves.
Buy above - 2050 - Target - 2180 , 2280 , 2300+
Sell Below - 1930, Target - 1830 (This is short term selling, that's why I haven't mentioned "Sell" in the chart)
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.