Reliancelong
Reliance*Study is based on Futures
Reliance has managed to crossover the trendline in daily charts today. What we have to watch is if it manages to hold because if it does, we might see a bull rally which will take the prices above 2000 levels.
Aggressive or risky traders can buy once RSI manages to cross 50 levels in Intraday charts with a stop loss of 1950.
Reliance LongI hope you can now see how Reliance represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
📊 Relliance 🎯NSE:RELIANCE
if stay above current resistance one long till 2300+ , hv been holding from lower level so whoever gonna take fresh entry keep stop loss as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
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
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
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 AT SIGNIFICANT SUPPORT LEVELIn the last few trading sessions, we have seen huge sell offs in Reliance. NIFTY has sustained below 12000 for over a few trading session but reliance value has been bleeding out.
The case between Amazon - Future Group - Reliance has been in the lime light causing much trouble in the investors minds.