If it's breakout violet colour of down than short on Reliance Thanks for watching
high : 19/10/2021 : 2,751.35 low : 28/07/2021 : 2,016.25 75 % : 2567.57 50% : 2383.80 25% : 2200.02
Stock : reliance travelling in channel timeframe 1 hour
NSE:RELIANCE Trade Setup for Date: 29-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
NSE:RELIANCE Observations: 1) On 1day time frame,it couldn't manage to sustain above 21DMA and close below 21DMA. But it is still trading above 100DMA. 100DMA is major support. 21DMA is placed at 2444.06. 100DMA is placed at 2389.26. Major breakout level is at 2500 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it has...
The stock has broken out the previous resistance of 2369 and looking good to buy if sustains above 2400 for marked targets on the chart until 2240 is intact on the closing basis. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
EXPLANATION : This is a 15 min time frame chart of RELIANCE . It has taking trendline support , If give a strong breakdown and broke its trendline & Demand zone with high volumes and retest the same , I am bearish on RELIANCE . If support is taken from trendline & give a strong breakout and broke its Supply zone with high volumes and retest the same , I am bullish...
EXPLANATION : This is a 30 min time frame chart of RELIANCE . It has formed Bullish flag breakout & has been in a sideways for day and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new...
RELIANCE me triangle type se baana hu hai ok jidar brack kre usar buy kr naa hai aur 1% t1 bana hai
Reliance Industries NSE:RELIANCE breakout in upper side. Hoping for good move. Looking good for a swing trade. I have mentioned all the targets and stop loss in the above chart. Comment your views ... Trade safely . Thanks for your support.....
NSE:RELIANCE Trade Setup for Date 27-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
EXPLANATION : This is a 15 Min time frame chart of RELIANCE , It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on RELIANCE . If stock break the trend line we plan to short , downside levels marked in chart . If you like...
RELIANCE me hmm log ko dikh rha hai ek ( descending Traingle ) ek ka matlb hota hai ki hmm log dono tarf trade le sakte hai , jidar barck kre udar
Nice breakout in NSE:RELIANCE Wait for retest at the horizontal level and then enter. Favourable risk to reward. Set stop-loss according to your risk management.
NSE:RELIANCE All the levels will remain same. All these levels will work as support, resistance, entry and target w.r.t price action near those levels tomorrow. Do check my previous ideas in link below. Do comment your doubt or suggestion.
NSE:RELIANCE Observations: 1) On Daily Time Frame it looks like an inverse head and shoulder pattern. And closed at the neckline which is 2145 level range. Please refer Chart below: 2) On Daliy time frame it has also closed above 50MA. 3) Next up level which has open interest addition is at 2160 call option. But an interesting thing is that for 2200...
NSE:RELIANCE Here is the simple trade setup with levels and actions mentioned on the chart. I hope it is easy to understand. Do comment your doubt or suggestion. All the best.
NSE:RELIANCE Simple Trade Setup On 15min time frame if you see it made kind of W pattern. And breakout level of it is exactly at 2120 level. Also it is facing resistance from black trendline and breakout of that trendline will give good up move. Levels and targets are mentioned on the chart. Hope it is easy to understand. On Daily Time Frame it looks...