NSE:RELIANCE Trade Setup for Date: 03-01-2022 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 Today, 03-08-2021, It broke the 2085 level and closed above it. trade setup for tomorrow,04-08-2021 If it goes down to take support from range 2078-2085 then it will be a buy opportunity to trade. For safe trade if it comes back to 2085 and break it or if it trades above 2085 level then it will be a good entry. Better to book partial profit at...
NSE: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...
Volume vs. Price Action: Points to be focus on: Gap (run away type) Invalid Doji (from the left to right Doji is invalid because of low volume compare to previous candle) sequence of tails (sign of existence negativeness) Interruption began to push price upward. Red Alert : sellers will take action on the Red Alert zone 1542 to 1490,...