RELCAP Low Risk-Low Reward trade based on swing low formationRELCAP Low Risk-Low Reward trade based on swing low formation
RELCAPITAL trade ideas
#RELCAPITAL CASH : SELL ONLY BELOW 468 & BULL ABOVE 485#RELCAPITAL CASH -
REVERSAL FOR BULLS ONLY ABOVE 485 LEVELS
SELL ONLY BELOW 468 SL 477 TGT 462.50/456/451
CMP 473.55
Relcapital - Rounding bottom CompleteRelcap completed rounding bottom pattern
and now showing minor signs of distribution here.
If the distribution continues, one may sell here at CMP 599 taking a strict Closing base SL of 620 with a target of 405.
RELIANCE Vs TATA : A Case StudyIn last 10 years the two giants of Indian economy had a rather contradicting journey.
THe comparison in the post above is just identify the pattern that Reliance and TATA creates whenever it starts a new company.
RELIANCE==
IT starts off amazing. with record IPO subscription and money pouring into the market from all direction coz of their name, it grows in leaps ad bounds within one or two years.Reching the top it just stops its engine and drop dead without its wings, it falls(almost all of them hv fell soo low afetr their initial boom that its impossible to imagine them recover, except Reliance industries, ofcourse.)
Its really striking how almost all of reliance follows same pattern.
on the other hand TATAs starts off slow
Making their place and position . Falling recovering moving up, to great heights in the long run. As it can be seen for most of the TATAs companies
Just Trying to evaluate what i saw from all the charts. Nothing personal !!! :D
All Reliance companies-> Dosent matter whats the name is, just see the pattern of the graph
Most of them follow the pattern, not all.
All TATAs--> Again, just watch the pattern.Most of them follow the pattern, not all.
Just my two cents !
RELCAPITAL:: Discussion Groups - Stocks 2Good investors think like Real Money Stock Picks Small, Making Money Through Mid term & long term.
Positional levels are:
492 502 519 548 570 593 625 666 717 744 783 856
Cheers!
RelCap will sustain?ADAG Stocks are in focus for last few days because of postive news inflows.
The stock has not made new highs but the oscillator did. It can be seen as Bearish divergence. Watch out for long positions.. Trail your stops.
RELCAPITAL, LONGShare has made Double Bottom (shown by blue line). It has also formed Three White Soldiers after Doji (shown in blue box) . RSI is supporting Price rise (shown by black lines). EMA 12 days is about to cross EMA 26 days (shown by green and yellow lines). Share is Bullish.
Could it Swing back ?Chart look intresting. If reversal happens..there will be adequate indications.
Long #Relcap around 475-480 for target of 520-590 till delivery # Relcap is at low level .good position to keep long position for short term
RELIANCE CAPITAL Bouncing from Support level, @530...BSE:RELCAPITAL Daily chart shows multiple support level at 530 zone. Stock bouncing from that level with Bullish engulfing candle. Stochastic also getting up from Weakness zone (I don't like to call it Oversold zone). Stop loss below 520 on daily candle closing basis. Targets: 650/750. Time frame for target 30 & 50 Days.
RELCAPITAL LONG : A Day TradeRELCAP keep a pending order for LONG ABOVE 591 FOR TRG 597 & 603
SL 584
(exit same day when triggered Not for Positional. Just Day Trade.)
Bullish Patterns in Reliance CapitalReasons to go long in NSE:RELCAPITAL
Classic Cup-Handle formation
Oscillators turned positive
Listing of RelianceNippon
RelCapital - All set for good upmoveRelCapital has exactly reversed it support line with strong bullish kicker reversal candlestick pattern as well it could make strong bullish continuation pattern too.
Now MACD has crossed and poised for up move.
So one can buy for target of 600 & 620. SL shall be breaching the support line. May use dips if lucky.
RELCAPITAL Head n Shoulder BreakoutRELCAP has been moving in cup and handle. Infact it broke out of the down trendline recently and made the HEad n shoudlers pattern in the handle.
RELCAPITAL Falling after ABCD pattern. NSE:RELCAPITAL ABCD Pattern done, Stock touched 161.8% of fibo (725). now stock just hovering around "B" level aka 540/550. 495 & 440 is next support zone. Watching price action (Bullish candle etc) here. Neutral as of now.
