@reliance may continue to stay range boundreliance may continue to stay range bound, could be a great buy if it comes in the range of 2250-2300.
Relianceindustries
#RelianceReliance at a very crucial point. 2300-2200 Demand Zone. If price breaks below 2200 then price falling to 1900-1800 a possibility.
CMP below 200 EMA
Results during October Very crucial for direction
#Reliance #NSE
Reliance - Intraday Levels for 13 Oct 2022Reliance levels for Tomorrow..
Expectation : BULLISH but any breakout below CPR downtrend will start
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BEGINNERS RULE :1. Before starting any new venture, we must learn the basics of that subject.
So, learn the basic ABCD of trading.
2. Beginners should avoid the Futures and Option (f&o) trading.
First, one needs to get a good grip over the cash equity segment.
3. Learn technical analysis and try to master any one strategy and stick to it.
4. Avoid dependence on anyone for too long,
"Trust your own setup always”
5. Don't be impressed so quickly and start dreaming after seeing other trader's earning or profits screenshot.
6. 'Simplicity is the best policy.' Keep your analysis simple and stick to basics.
7. Backtest your new setup for at least 3 months to find out the Return on Investment (ROI) percentage.
8. Price Action is above all. Don't complicate your study with too many indicators/tools.
We have come here to earn money, not to complete a Ph.D.
9. Avoid business/finance TV channel recommendations.
Don't follow it blindly.
10. Mistakes are fine but try to avoid committing again and again.
11. Use proper and safe trailing stop-loss.
Keep learning and earning.
Happy profit making :)
Reliance coming weekReliance is currently on weekly TF taking support from SSB with target upto Kijen-sen.
At 2500, purple shaded box- there exists a number of resistance
Weekly Kijun,EMA-20, Senkou span A resistance,
Daily Senkouspan B, Chikou-Kijun resistance
H1 tom demark resistance
Probable movement
Market goes above 2440- chikou touches resistance and move to the bottom of trendline, takes support
Market rises again to 2496 and faces resistance and falls to senkou span B.
RIL : Wait & Watch
Good Day
Hello Traders,
Reliance Industries (RIL) had to defend the level 2368 as below it will be a downtrend as it a heavyweight so lot depends on it to drive Nifty to the
next level.
Chart self explanatory
However if you get any chance to grab it around 2150-2170 .Please grab it both hands as the reversal will quick and fast.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
RELIANCE LONG#RELIANCE long idea
It broke All time high - buyers will come
Relative strength is 52week high
Momentum is higher in daily & weekly
It takes its time too move, as it is big% of NIFTY
should take profit whenever relative strength weakens & momentum comes down in daily
Reliance , HnS pattern with confirmationAs we can see reliance has formed a weak setup with breakdown and re-test and reliance can drag nifty today. Keep it in radar.
Reliance Chart analysisPrice & Volume relationship
----------------------------------
Daily & Weekly: Both volumes support price decline.
The RED trendline is deciding factor for reliance.
If that breaks than we will see a further downfall.
Reliance Industries Ltd (RELI)tradeideaReliance industries REL today add watch list because
Oil prices climb more than $1 per barrel ahead of OPEC+ meeting
This news positive for Reliance and ONGC oil stocks to move upside further.
BUy reliance above 2538 level.
Next target 2551, 2571
Reliance Industries - Crucial LevelsReliance Industries is at crucial levels.
2530.50
Follow the trend line.
RSI is at the support levels hence more possibilty of the stock price to go on up.
Reliance Industries Ltd (RELI)45AGMReliance Industries Ltd (RELI) 45 AGM meeting 29Aug.
Now Reliance @Neutral. Level. If it crosses 2639.18
Last trading 15 min time frame positive signal came.
Then go for long. Target 2655, 2679,2696.
It starts go up after AGM meeting last time. Thank you.
Reliance Industries Ltd (RELI)breakout Reliance Industries Ltd (RELI) Break out with strong momentum with high volume and price increase. RSI crossed 61. Time to go long on reliance stock. Buy above 2651. Target 2691 , 2731. Thank you.
reliance industryweekly chart is self speaking chart on hurdle at 2700 if cross than 2800 and last target 3100 sl 2370
Reliance formed Cup and Handle Pattern.Reliance formed Cup and Handle Pattern and getting ready for breakout.
Expecting 2700/2800 levels in coming sessions
Reliance Swing Trade Idea (4H TF)On 4H TF reliance is looking good and it has given a breakout of resistance which is tested couple of time.
We can expect a momentum till 2800, there is open area for reliance to move out.
For entry you can use 5 minutes TF.
(Only price action, no news)
Reliance Intraday for 11th Aug 2022Key Reference Point for Reliance11th Aug 2022.
I am not a Sebi Registered. This is for education and research purposes.
Reliance for tomorrow 10th Aug 2022Key Reference Points for Reliance for tomorrow 10th Aug 2022.
I am not Sebi registered. This idea is for education and research purposes.
RELIANCE READY FOR 3000it is making hh-hl formation in monthly time frame & it is currently at demand zone in monthly time frame ; ready for 3000 ; keep on track
Reliance Fut for TomorrowKey Reference Points for Reliance Futures for tomorrow i.e. 7th Aug 2022.
These Reference Points can help one to initiate or exit a trade.
I am not Sebi registered.
This is for education and research purposes.
Reliance Intraday for 5th Aug 2022Reference Points
VAH - 2588
POC - 2562
VAL - 2550
PDL - 2538
PDH - 2616
One can Trade on Breakout of the range of 2588 and 2550 or Trade Reversal at PDL i.e. 2538 or VAL i.e. 2550 and VAH i.e. 2588.
I am not SEBI Registered. This is just an idea. I won't be liable if someone loses money because of this idea.
This is just for education and research purposes.
