[Intraday] Relcap Gap TradeGap is filled. Time to reverse. Short with the dotted line as stop loss; one can also wait for proper weekend entry
RELCAPITAL trade ideas
SHORT TERM || BUY || RELCAPITALBuy Relcapital with SL of 124 and targets of 152/160/168. Adjust volumes as per entry price and respect the stop losses.
RELCAP - KNOW THE NEWS!!THE TWIST IN THE INDICATOR SHOWS THAT THIS SHARE WILL BECOME BULLISH CROSSING AT 168 LVLS.
TARGET OF 180 AND 219 IS SEEN VERY FAST.
WHAT COULD BE THE NEWS??
KNOW THE NEWS AND AFTER THAT DECISION CAN BE TAKEN.
Bearish tren lineon daily chart stock is trading along with bearish trend line, it has formed bearish candle and closed below 20 EMA, indicating bearish momentum.
RSI is at 41and continued to move towards south direction, indicating weakness in stock. expect stock to move towards 140 levels
RELIANCE CAPITAL - AT SUPPORT FOR A LONG TIMEIT IS IN A UPWARD CHANNEL BOTTOM.
IT SHOULD START MOVING TO TARGETS OF 229 AND A MAJOR ONE TO 355 LEVELS.
BEFORE THAT 205 HAS TO BE CROSSED WITH HUGE VOLUMES.
KEEP STOP LOSS AS SHOWN IN THE CHART.
ALL THE BEST FOR INVESTMENT!!
RELCAPITAL Outside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
[Intraday] RELCAPITAL Inside Bar TradeInside Bar
Long above 207.70, SL PDL
Short below 200.55, SL PDH
If gap up or down, follow 5m ORB.
RELCAPITAL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Reliance CapitalReliance Capital is at 38% of retracement of rally. On crossing above 200, the next targets are 229 and 355.
268 could be a resistance.
Stop loss 165 (a long way support from CMP of 186).
[Positional] Reliance Capital NecklineCrap Company shot up and sitting at neckline. Short if and if only the previous day's low is broken!
Reliance CapitalEducation.
1. Fibo Retrenchment from exactly from 78%
2. Moving within Parallel line
3. Middle Line will be work as resistance in current time frame
Note: This is just only education purpose, not for any other.
