follow the trend line to enter and place the stop loss 2-3% below trend line
I 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 . Disclaimer: It should not be assumed that...
The lower Daily Chart trend line was broken last week and has recovered today to get back into the same zone. The falling channel's upper edge and the upper trend line (in orange ) , both have been respected multiple times until now. The falling channel upper trend has been broken today. The final pattern seen is a 2-B Bottom Chart . If the pattern continues,...
Reliance is looking week. Just wait for break down.
RELIANCE has broken the major support and it has already given a bearish confirmation. STOPLOSS HUNT SEEMS TO BE OVER ABOVE 1.618
BASED ONLY WEEKLY CHART RESISTANCE IS AT 2146-2177-2200 THIS ARE VERY STRONG RESISTANCE, WHICH is WORKING FROM COUPLE OF WEEKS UNLESS THERE IS BREAK ABOVE 2200WITH GOOD VOLUME I WOULD TAKE ANY BUY TRADES. BUY/SELL ONLY AT RESISTANCE, FOLLOW MARKET TREND TO PLACE ANY BUY/SELL TRADE.
RIL has formed a double TOP and given a bearish confirmation
I 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 . Disclaimer: It should not be assumed that the...
Reliance, Inspite of Strong Seller Control, $Reliance sustained at logical levels. Current levels are below the median line, but consistent. Also, RSI levels are not at oversold, we may say it at moderate levels. If consistency remains at pitchfork, We may see the level of 2000 in the near term, and If break the support of 1800 & below. We may see the level of...
I hope you can now see how the 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 favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed...
Reliance is the only stock for the current uptrend and also for an upcoming crash
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...
I hope you can now see how the 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 favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed...
Reliance after successfully breaking the longterm trend and also retest is successful. Long as long as it stays above the trendline
Trade as per your risk management. Best wishes.
Here we can see the cup and handle pattern. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. The price is trading in the crucial level of the resistance. The price here can take resistance...
INTRADAY TRADE IN RELIANCE BUY@1452 STOP@1439.5 TARGET@1470 QTY=600 (CASH) !!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!!
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.