Long above 2600, SL 2588 Short below 2588, SL 2610 Please use the lines as resistance and support for your trades
Ril short Ril short Ril short Ril short Ril short Ril short
Good to keep on the radar as it will help to decide market direction Always respect SL & position sizing =================================== Trade Secrets By Pratik =================================== Disclaimer - SEBI UNREGISTERED This is our personal view and this analysis is only for educational purposes. Please consult your advisor before investing or...
SUMMARY *stock has broken 200-dma support *rising trendline is broken *one needs to wait for a close below the trendline today *view is negative on reliance with positional view of 2250-2180-2120 *please check my previous weekly and special post on index *those following me in my channel have seen action on reliance DISCLAIMER *my views are not trade...
Reliance Industries is approaching resistance zone at 2850 ! Longs need to be careful and trail closely.
Reliance made all time high breakout on 21 Apr gaining over 60 points during the day. RIL helped a lot to lift nifty on the day. on April 22 though RIL opened with a small gap down giving indication that this is the breakout level retest. This gave concern, as all time breakout should not have a intraday retest. Retest should have happened after 2-3 days after...
SUMMARY* -stock has formed a bullish flag pattern *it is a continuation pattern *once breakout is achieved a huge target opens up for reliance *reliance can also happen to carry nifty *reliance and icici bank i believe will carry index 'keep a watch'
📈 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...
Reliance cmp 2551 Looking at the chart, we can observe that from 7th march this can be possibel wave counts... so whenever this downside move gets complete, we can see RIL start to complete its journey Chart is for study purpose only!!!
irctc is moving in a range . it can give big move if it break darvas box with strong volume .. learn and earn . dont invest blindly . always buy in recession market and sell in boom market .
Currently 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...
SUMMARY:- *after taking multiple support@200-sma reliance is now looking to break out of range *stock is above its hourly 200-sma *rangebreak and the same time *100-120 point upmove is expected *enter @cmp stop@2370 target@2480-2500-2520
Swing trading idea for Reliance industries, i'm looking for Buys first and Sell from Weekly supply zone, look for the proper break of structure in Lower time frame before even buy or sell from the levels
NSE: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....
CHART -> 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...