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Ril

Long Setup in GOCL CorpA bullish flag & pole Chart Pattern Breakout completed on the Weekly Time frame of NSE:GOCLCORP Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish flag & pole Chart Pattern Technical Indicator :- Positive MACD Crossover Disclaimer: This is for educational purpose only.
NSE:GOCLCORPLong
by raigvivek
3
Strong Support reached - 20% Bounce coming?Reliance has been trading in the range of 2250 and 2750 for a while now and has finally reached the price support region again. The formation of recent Doji in the market further confirm the indecisiveness in the market after the recent down move. A morning star pattern or a piercing pattern might further improve our confidence, with RSI bottoming out at 30 in weekly and MACD slowly turning bullish as well. It will be interesting to see if RIL slowly traces its way back to 2750 levels and that would be a 20% move from current levels. Not an investment reco, just for research purpose. Thanks for reading :)
NSE:RELIANCELong
by Aayush_Rungta