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Reliancetradesetup

RELIANCE TARGET HIT | TRADE SETUP 28-07-2021NSE:RELIANCE Reliance gave a good opportunity to short below 2070 level and hit our first target at 2055. Trade Setup for 28-07-2021. Today at the end of the day closed in the rage of our first target on short side 2055. Now this level will work as our entry level for short side. If it takes the resistance from this level and then our next target for the short side will be 2035. I don't see any movement below 2030 at this moment in Reliance. Hope you had a good profit from this trade today. Do comment if my ideas are helping you to understand trend, levels and price action. Let me know if you have any doubt or suggestion.
NSE:RELIANCEShort
by Trading_hawk
Reliance elliott wave update for 27jan 2021Reliance 15min chart indicates that decline from 2120 is looks like an impulsive decline and wave (i), (ii) and (iii) is completed at 2035, 2075 and 1932 respectively and wave (iv) and (v) is pending. 1965-1986 is an immediate resistance range for wave (iv) retracement. reliance may complete wave (iv) in 1965-1986 range and then it may again decline 70-115 points from there to complete wave (v). And if it trades above 1986 then only bullish.
NSE:RELIANCE
by chirag_Khasiya
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