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Reliancetrade

Reliance: At a key Make-or-Break levelsome observations on Reliance: 1. Reliance got a close (2,408) below all key Key moving averages 65DMA 100DMA 200DMA 233DMA 2. Moreover, a prominent Harmonic pattern's "B" stands at 2,426. If prices start traveling below this, we have deeper short targets till 1900. 3. Weekly Swing high being 2,626 4. Reliance has given 4th consecutive close in Red. (Can maintain this momentum for 5th to 7th Week). # Now until we get a healthy close above 2,626 on a weekly basis, Reliance became the "Sale on rise" till 2,626 is achieved on a weekly closing bases
NSE:RELIANCEShort
by CKParkhi
#Reliance Swing Target NSE:RELIANCE Reliance resistance level ( target ) is still far from current level so whoever already in swing trade cdan hold it with trailing stop loss ones reach at PRZ and finreversal then only book long and one can short as well from there. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:RELIANCEShort
by linesandlevels
Reliance Analysis !! Broke Out📈 Reliance Industries Ltd. 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2450 . On Buy Side I am looking for Targets of 2552, 2600 and 2730. 
 StopLoss should be kept below 2350 zone. It offers 1:2.5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:RELIANCELong
by ShelendrAgrawal
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