Get started

Ril

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
2
Reliance IndustriesCurrently trading at 13% discount from all time high levels. Reliance (TF=W) : 1. Stock has always respected 50 Weekly Exponential Moving Average 2. Constantly making the structure of HH and HL. Currently made Equal Low. 3. Negative Crossover of 5 and 13 Weekly Exponential Moving Average Reliance (TF=D) : 1. It has made very strong bullish candles on Support with very good volumes 2. Negative Crossover of 5, 13 Days Exponential Moving Average 3. Currently at good levels for Long term investment. For positional trade, need to wait for some retracement to enter. Additional Points: 1. Mutual Funds have increased holdings from 4.60% to 4.82% in Dec 2021 qtr.
NSE:RELIANCELong
by deeptinseth
2
RELIANCE TOOK SUPPORT AND REVERSED - SWING TRADE OPPORTUNITYNSE:RELIANCE Has took support at 7 months old trendline, It can boost from hare for its previous high of 2560 as marked in the chart with red dotted line. You can add this to your portfolio for Swing trade For period of almost 2-3 months. If Budget 2022 will give positive view it can complete the target within a month or two Risk Reward ratio is also impressive. I have already made my position in it. BUY - 2390 SL - 2305 , 2240 TARGET - 2560 & 2750 LIKE | SHARE | COMMENT
NSE:RELIANCELong
by akshaybatra020
Classic Example of Resistance became SupportCHART -> RELIANCE WEEKLY SETUP As seen per the chart we are seeing a range of 2250 to 2325, was a previous resistance for Reliance and after the Breakout has been done, now in this correction that range is acting as it's support. This for educational purpose only. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
NSE:RELIANCE
by kathanthakkar403
RELIANCE Long Call Analysis @CMPRIL is trading in 2 beautiful parallel channels as you can see in the chart. After the recent fall from its highs of 2750+, the stock has taken support from the lower band of upper parallel channel. This view is supported by a supremely bullish Doji (Bullish Hammer) Candle, this signs a strong pullback to retrace its previous highs of 2750. Possibility of a strong breakout can NOT be avoided, if the stock gains strong momentum from here. I am personally bullish on this stock and added a few stocks at this level for trading purposes. Go LONG on Reliance. *** I am Not SEBI registered. Kindly take advise from your consultant before taking trade.***
NSE:RELIANCELong
by ParyataK
Simple Trade Setup | Reliance | 30-08-2021NSE:RELIANCE Trade Setup for Date 30-08-2021: 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) If it breaks the RSI trendline on 15min time frame and breaks the trendline on price chart then it will be quick buy entry. 4) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:RELIANCE
by Trading_hawk
1
Simple Trade Setup | RELIANCE| 27-08-2021NSE:RELIANCE Observations: 1) Rounding bottom breakout perfectly worked. And gave good move in last two days. ------------------------------------- Trade Setup for Date 27-08-2021: 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 tommorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:RELIANCE
by Trading_hawk
6