ril

RELIANCE | Fibonacci Strong Support And Resistance Levels

RELIANCE INDUSTRIES HAS GIVEN A BREAK BELOW SUPPORT OF 1225 & CAN NOW BE EXPECTED TO FILL THE GAP. HIGH RISK TRADERS CAN SELL WITH A PROTECTIVE SL ABOVE 1252 FOR TARGET OF 1175-1180.

ril long at givin point and get book profit. you get 1:4 RR ratio. that meansgood profit. there is gap up so ril come at that given point to fill that gap.

Bearish Divergence found on RIL on a large time frame of approx 10 months!!! Rise on sell or Just aggresive sell??? Please give your opinions guys!!! Thank you!!!

Double bottom pattern spotted in Reliance. Pattern is confirmed as price has broken above 1290. Pattern suggests a target of 1333. However by further inspection we could find a series of considerable resistance at 1300, 1308 and a trendline which might prove to be very significant. Though trading purely based on the pattern would suggest to initiate longs, the...

Head & Shoulder pattern observed in Reliance. However the pattern is yet to be confirmed. So, take bearish view only if neck level of H&S fails to hold as support. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and...

Reliance industries may see a little uptrend for some sessions

Double Top pattern spotted in Reliance. At the time of posting the stock is trading at 1293, well below the neck level of 1308 and candle close will most likely confirm the pattern. Once there's a confirmation, the stock can be expected to fall towards 1250.

- Levels are indicated in the charts - Wait for 1200 levels before hopping in

BUY RIL 4h timeframe trendline suggests bounceback in reliance with risk to reward ratio of more than 3.5

Reliance seems to be bouncing off after unsuccessfully trying to go above the 13 period EWMA. The selling might continue for 1 or 2 sessions. Sell Reliance below 1327 stop 1338 target open

SWING TRADE IN RELIANCE JAN FUT AFTER BREAKING THE BEARISH TRENDLINE STOCK HAS MANAGED TO BREAK ABOVE THE STRONG RESISTANCE LEVEL JAN FUT BUY@1188 STOP@1160 TARGET@1220 LOT:500 QTY:2

Intro : The bump and run is a pattern that is of explosive power in developing markets aiming at maturity. Reliance has just bumped onto and looks to start its run. For those unfamiliar with this lesser known pattern, this looks like a inverted cup, preferrably on an ascending trendline support angled between 30-40 deg. This has been observed in cases of several...

Reliance short for 998 S L -1148

Sell below 1217.for target 1199. SL1227.

RIL has formed a H&S pattern in the daily charts, and there was a breakdown closed below the neckline. Target SL mentioned in the charts. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

NSE:RELIANCE has been on nice uptrend for the last few days, but looks like it may need to correct a bit before further progression. The 20th candlestick has gapped up and with low volume. This pattern also seems to be a regular at the end of any uptrend for reliance, as can be seen on the circled areas. The RSI has not increased proportionally since the last...

Weak- OI Data and @Crucial Support Short: IF Close(15 min) < 1011 TGT : 1000 SL: 1014