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Reliancestock

Target 2 hit today in Reliance | Simple Intraday Setup 29-07-21NSE:RELIANCE RELIANCE is still having bearish trend. For Intraday trader, you can play between the levels marked on the chart. If some particular level break out then it will give a buy trade till next level on the up side. And it some particular level break down then it will give a sell trader till next level on the down side. But take the trade once you get the 15min or at least 2 consecutive 5min candle to consider as breakdown or break out. Trade with SL. Hope my ideas are helping you to understand levels, price action and taking the trade from the right level. Do comment if you have any suggestion or doubts.
NSE:RELIANCE
by Trading_hawk
RELIANCE REVIEW-23-07-2021 | Levels and Target 26-07-2021NSE:RELIANCE Review Today, 23-07-2021, Reliance opened with gap up to trap trader with bullish sentiment. And couldn't able to hold even above 2110 level. But the good thing is, on daily chart it took support from trendline and also closed above 21DMA. This level above 2100 will be immediate support zone for RELIANCE. After that it has support zone at 2075-2080. Bearish trend will start only above this range 2075-2080. Above 2100 it has strength for bullish trend and above 2127 Bullish trend will be strong. Levels and Target for 26-07-2021. Since today it will have Result, so if market loves the result then on Monday it will definitely go wild. But as a trader we have trade in our pre-decided strategy and with entry levels and target. Bullish trade entry can be made only above 2127. And also avoid first 20-25 minutes to enter in trade. Otherwise it will happen like today, it will give gap up opening and trader will jump in to buy trade. Never chase a gap up opening. Let it get settled for 15-20 minutes minimum. Hope my trading ideas are helping you to understand price action and levels. Do comment if you have any doubt.
NSE:RELIANCELong
by Trading_hawk
8
Reliance - Wait for breakoutReliance Industry seems to have a breakout from a triangle pattern, so give an entry with appropriate Stop loss only after its breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:RELIANCELong
by PrakWorld_Traders
RELIANCE Don't take long position still......Hii this is trader Kanishk This is the analysis of RELIANCE Here the phase is very volatile and we don't have to took long position in RELIANCE without confirmation . Reliance is an uptrend stock of=n each and every time frame. we can take our long positional trade in RELIANCE but after confirmation. Watch this complete video i've discussed everything. this is a bear market phase and this is not the recovery this is the bullish trap . so please avoid yourself to put the long positional trade at this time without any confirmation. Please watch this video complete and follow all the steps . Please do the multi timeframe analysis during these type of phases . Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio . DISCLAIMER I am not recommending you to buy or sell any stock, i am just sharing my analysis here. Maintain your risk reward ratio and then trade. Guys you can also follow me on twitter for any queries.
NSE:RELIANCELong
by thisiskanisk