Price action Picture going in Reliance . 1. Reliance has started the process of Re-accumulation by making An evening star pattern circled in green . This is perfect and activated also. Made on strong zone , there fore , got activated. Since it is process of re-accumulation so It should spend time in this process . When this process is activated by smart money...
INTRADAY IN RELIANCE JUNE FUT BUY@1470 STOP@1454 TARGET@1486 QTY=505 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
It is not yet conformed that the stock will move up or go down, wait till it give any confirmation. A head and shoulders pattern is a chart formation with baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a...
Reliance industries is showing negative RSI divergence on monthly time frame. Time to be cautious for investors. It might go under long correction phase, could become range bound for years and test the patience. #this_is_what_chart_says
Lets see what happens in reliance industries, trendline and demand zone will decide, will trade after clear direction
After completion of B leg of Flat correction it seems reliance has resumed C leg. Two types of entries are possible in this scenario 1) We wait for retracement of wave 1 upto 61.8% levels and after confirmation intiate short position 2)We enter short after close below the end of wave 1 SL in both case will be invalidation point above which we will have to...
Risk reward is very favorable at the current price Check the chart for pattern
Key Levels for NIFTY50: NIRMALA JI GAP DOWN 2.0 UPPER BREAKOUT~9215 FIRST TARGET~9293 INTERIM RESISTANCE~9390 FINAL RESISTANCE~9439 **************************** LOWER BREAKOUT~9061 FIRST TARGET~8991 INTERIM SUPPORT~8914 FINAL SUPPORT~8821 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.
Key Levels for NIFTY50: NIRMALA JI GAP DOWN UPPER BREAKOUT~9443 FIRST TARGET~9530 INTERIM RESISTANCE~9610 FINAL RESISTANCE~9723 ************************** LOWER BREAKOUT~9246 FIRST TARGET~9196 INTERIM SUPPORT~9137 FINAL SUPPORT~9055 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.
reliance industries may continues the fall till 1359 if breaks 1418 after breaking 1418 can be a sure short position so, by keeping 1418 as your sl can sell reliance industries...happy trading....
Looks like big players are selling the stock around 52 week high. We believe it wll fall to 900 or even lower. Negative divergence and double top are few indication.
Reliance Montlhy Chart with EMA 55. Reliance is tracking high-growth markets since Nov 2016 and behaving like one of the large-cap tech stocks on Nasdaq. As the stock pivot's into a debt free company, are we going to witness another consolidation period? Today's price action was quite interesting, as the stock tried to scale its previous highs of Nov 2019. The...
Reliance shown reversal at the all time high This stock is pure speculative stock trade with cautious
Strong resistance - 1602 Strong support - 1505 today's RIL range bound between 1602- 1577 1577is minor support
INTRADAY TRADE IN RELIANCE MAY FUT BUY@1598 STOP@1576 TARGET@1630 QTY=1500 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Reliance all set for ATH