On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Investing in the stock market can be both exciting and overwhelming. There are so many stocks and strategies are there that make it hard to decide where to invest. That’s where technical analysis comes in. It’s the study of market data to find patterns, trends, and potential opportunities.
To get started with technical analysis, you need to first understand...
well yes there is and here are the levels of reliance and then we got the fib golden ratio to back it up and if it didn't reverse from that area then there is a major demand level which is a strongest one and then we can expect it to reverse from there unless if there is no negative news of that and we can expect the reliance to take its upward ride in like 4 or 5...
Reliance Ethane Holding, a wholly-owned subsidiary of Indian conglomerate Reliance Industries
, has invested a total of $102.9 million in three of its wholly-owned subsidiaries Ethane Coral, Ethane Diamond, and Ethane Jade.
Reliance Ethane invested in 34.3 million ordinary shares of face value of $1 each in the subsidiaries, according to a Tuesday filing with the...
If price will comes at 2915 we can go long. Currently price at Magical level.
Trade or Investment at your own risk.
We are not SEBI registered.
Note : If price will cross 2901.10 before 2915 then avoid.
Dear all,
Reliance is Facing a Resistance from Trend Line make sure to place a Trade after breakout the trend line.
SL1 - 2951
SL2 - 2928
CMP - 2957
TG1- 2976
TG2- 3009
Thanks.
I am Not SEBI registered . This is My Opinion only.
We can observe Stoploss hunt behavior and pattern fake breakout, potential long opportunity above 2650 lvels.
We can look for longs in Reliance if 1hr candle closes above 2650 with good volume,
short term targets should be 2750/2800 levels with recent swing low as stoploss.
--Educational purpose only.
Reliance trading is near good support. Good risk-reward ratio. Support marked. Target new high 2800 in 6 months. long term target 5000 in 4-5 years, value unlocking near like- retail IPO, jio ipo. stay invested.
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you.
Sell Reliance, if breaks 2970, after 11:15 a.m.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Let you grow. May! I follow you
Major support levels :- 2575, 2550, 2531
Resistance:- 2600, 2620
If it takes out the upper level of 2620 and closes above it on weekly chart, it can give nice up move. Positional stock or stock future trades can be initiated.
Intraday trades can be taken on both the side. Bearish trade for an intraday trade can be initiated on the breakdown of the H&S pattern...
weekly chart of reliance starting from march 2020.
Fits in to a leading diogonal.wave 3 is not the shortest.overlapping of wave 4 and wave 2.major 1 st wave ended in may 22.there after reliance had a pull back in 2 nd wave.Now 3 rd wave is in progress,inverted
head and shoulder pattern can be visualised here.
At least target of 3089.7 can be reached.this is weekly...
Buy trigerred in Reliance after a long consolidation.
Entry - 2400
Target 1 - 2600
Target 2 - 3000
SL - 2350 on daily closing basis.
Time frame -> 2 - 3 months.
Disclaimer - Not a SEBI registered. Do your own analysis before investing!!
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Reliance industries making rising broadening wedge pattern.
1. Bounce from upper trendline for a short.
2. Bounce from lower trendline for upward journey.
