* Weekend level 7 * Formed a swing high at previous resistance * Formed an IB * break of PDL may trigger longs exiting with good r:R(SL PDH)
Long 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...
Rel Capital Analysis - Daily Analysis Buy @ 105 - 117 rs range With SL 99 Target - 127 - 135 - 145- 155 - 164 - 175 + SL 100 ( Daily time frame closing basis)
short rel capital levels mentioned in chart do tsl once entered..122.6 entry price
Reliance Capital is trading close to log scale trendline support of 90. Trader can wait and see whether counter take support of 90 and then bounce. If it rebounds after touching 90 and gives close above 100 then investor can buy with stop loss below 87 for target of 140-170-200 level.
Sell below:131(4hour candle Close) (Everything for 4hour candle) Target 1: 113.65 Target 2: 105.25 StopLoss: 146 Risk Reward: 1.7
100 of the nifty stocks have reached its newest 52 week low and nifty is bound to take positive hike.. Hence it ensures that this stock Relcapital would definitely reach its highest 160 in an average short span.. For Short/Long term investment, Buy @138 Sell @160
may see good up move above 144.5
Gap is filled. Time to reverse. Short with the dotted line as stop loss; one can also wait for proper weekend entry
Buy Relcapital with SL of 124 and targets of 152/160/168. Adjust volumes as per entry price and respect the stop losses.
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.
on 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
Sell RELCAPITAL at 183 Stoploss 200 Target 147