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RELIANCE INDUSTRIES LTDRELIANCE INDUSTRIES LTDRELIANCE INDUSTRIES LTD

RELIANCE INDUSTRIES LTD

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RELIANCEPP trade ideas

Darvas Box in RelianceSimple method like Darvas box can also give good idea of trend. Darvas box are trading ranges in which stock prices moves. Applying strict rule in this method would lead to analysis paralysis. It looks obvious once we mark boxes around ranges. There will be some whipsaws at the edges of these boxes. Current level of Reliance seems to be at the bottom of the latest trading range marked by red box. Trading the box range is good method for swing trades if the box range is sufficiently large. I use this for mostly large cap stocks which are not very volatile. Hope this will encourage people to start making boxes on their favorite large cap stocks.
NSE:RELIANCEEducation
by yndesai
9
RELIENCE IS READY FOR NEXT HIGHThe provided chart depicts the price action of Reliance Industries Ltd. on a daily timeframe, showing a potential breakout setup. Here's a detailed analysis of the drawing: --- ### **Analysis**: 1. **Support and Resistance Levels**: - **Support**: The green dotted line near **₹1,300** acts as a significant horizontal support zone. It has been tested multiple times, affirming its strength. - **Resistance**: The red line at **₹1,315.50** serves as a key resistance. The price recently broke above this level, suggesting bullish momentum. 2. **Trendline**: - The green dotted ascending trendline indicates a gradual upward trend, implying that the overall structure remains bullish despite prior corrections. 3. **Breakout Confirmation**: - The price has breached the **₹1,315.50 resistance**, as shown by the blue upward arrow. This indicates a potential breakout with bullish implications. 4. **Candlestick Formation**: - The latest green candle with strong volume confirms buying pressure, further supporting the breakout scenario. 5. **Higher Highs and Higher Lows**: - The price pattern suggests a series of higher highs and higher lows, a classic indicator of an uptrend resumption. --- ### **Suggestion for Long Entry**: - **Entry Point**: Consider entering around **₹1,323.30** (current price) or on a slight retracement back to the breakout level of **₹1,315.50** for a better risk-reward ratio. - **Stop-Loss**: Place a stop-loss slightly below **₹1,300** to protect against false breakouts. - **Target**: Aim for ALL TIME HIGH - **Risk-Reward**: Ensure the trade maintains at least a 1:2 risk-reward ratio. --- This analysis suggests that the setup looks favorable for a long position, but it’s essential to monitor volume and momentum indicators for confirmation. Always align trades with your risk management rules.
NSE:RELIANCELong
by TheOptionsKid
Reliance - Bullish again and bouncing from strong supportLast 2 months Reliance was down due to Bonus Issue, spectrum allocation to skyline without auction etc etc. But value buying has emerged and as expected big players accumulated this stock and given buy recommendations in last few days is lifting the price. Risk - RBI policy in Dec24 but its golden mine for medium to long term investment. Disney deal, work with NVIDIA is sure price rise more than 100% or more in 1 to 2 years. Indias No one company proves it again they will multiply wealth every year.
NSE:RELIANCE
by venkatfx
[Positional] Reliance Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:RELIANCELong
by Amit_Ghosh
RELIANCEHow's the Josh Traders?? Here is a catch, Reliance industries is showing a bullish stance many TV analysist are Bullish on reliance, Everyone is Saying that Nifty has made its bottom and new highs coming soon. BUT WAIT !! HOLD ON..... Market has its Own structure and Travels along with its Waves (Elliot Waves), I have a Bold Judgement in Reliance beacuse Wave C is Still pending (WAVE ABC ARE CORRECTIVE WAVES IN ELLIOT WAVE THEORY) So Short Reliance Ind @1310-1330 Stoploss @ 1350 Target @ 1150 NOTE : This is for Educational Purpose please take trade according to your financial Advisor. HAVE A GOOD DAY TRADERS.
NSE:RELIANCEShort
by Trading_Bulls0000
1
Reliance Industries Dragon Fly Doji in Weekly chart at SupportHi this is Kapil, Reliance Industries took support at 1257 on weekly and monthly support area, Made Dragon Fly Doji on weekly chart as well Bulls can be seen pulling the price back above the support level of 1237. after 43% upside swing in one year from oct 2023 to oct 2024 the stock looks in minor consolidation period to a possible reversal we can plan adding reliance in our portfolio with annual returns of 25-20% for 2025 year. Next support below 1200 is at 1004. So add near here and @1015 Near term targets are 1405 and 1569 in 2025-2026. Special Note- Reliance will actually be used as index management tool so every hourly oversold portion can be seen as possible reversal for intraday basis. Consult your Financial advisor before making any decisions
NSE:RELIANCELong
by kapilbhama
Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
NSE:RELIANCEEducation
by SkyTradingZone
1
6-Key Factors to Consider Before Buying a New Stock1. Understand the Business Company Overview: Learn about the company’s business model and the industry it operates in. Market Position: Assess if the company is a leader, challenger, or a new entrant in its sector. Management Quality: Research the track record and credibility of the company’s leadership team. 2. Analyze Financial Health Revenue and Profit Trends: Check for consistent growth in revenue and net profit. Debt Levels: A lower debt-to-equity ratio is generally safer. Profit Margins: Compare the company’s margins with its industry peers. Valuation Metrics: P/E Ratio: Helps gauge if the stock is overvalued or undervalued. P/B Ratio: Compares market value to the company’s book value. Dividend Yield: Look at the consistency of dividend payouts, if applicable. 3. Assess Market and Industry Trends Sector Performance: Identify whether the industry is in a growth phase. Economic Impact: Factors like interest rates, inflation, or regulations can influence the stock. Competition: Understand the competitive landscape and any potential threats. 4. Use Technical Analysis For traders relying on technical indicators, consider the following: Trend Analysis: Identify whether the stock is in an uptrend, downtrend, or sideways market. Support and Resistance: Check critical price levels for potential entries. Volume: Higher volumes indicate stronger market interest. 5. Evaluate Risk s Volatility: Is the stock prone to significant price fluctuations? Regulatory Risks: Ensure there are no ongoing legal or compliance issues. Sector Risks: Some sectors, like technology, can be highly volatile compared to utilities. 6. Align with Your Investment Goals Time Horizon: Decide if this is a long-term investment or a short-term trade. Risk Appetite: Invest based on your risk tolerance and financial capacity. Diversification: Ensure the stock adds value to your portfolio without overexposure. Final Thoughts Investing in stocks requires diligent research and careful planning. Always cross-check your analysis with reliable data sources and consult a financial advisor if necessary. Avoid emotional decisions and focus on long-term wealth creation.
NSE:RELIANCE
by tony_fx_sm
2
Data Trading in optionsOptions data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers. By analysing the information provided in the option chain, traders can identify potential trading opportunities and make informed decisions about buying or selling options contracts. Option chains are used by traders to analyse and evaluate the market's expectations of an asset's future price movements.
NSE:RELIANCEEducation
by SkyTradingZone
False breakdown or beginning of New rally? #RelianceFalse breakout patterns can sometimes signal the beginning of a new trend, and the end of the current one. like as the chart of reliance the trend breakout at wave 2 suggesting negative bias in the stock signaling trend reversal. However the phycological theory of EWT suggest the possibility of false breakout and beginning of 3rd motive wave. How should one trade the fake breakouts. Refer the Strength index and look if the Oscillators suggest neutral or an oversold zone for reversal Coming on to Reliance: It is important Reliance to sustain above 1371 for the beginning of W3 a rally towards levels of 1800
BSE:RELIANCE
by CA_Chetanbhasin
Support Levels: Reliance IndustriesReliance Industries has been in a downtrend for a long time. There is strong support around the 1242 levels. Other important support levels are 1198, 1109, and 984. Breaking the current support of 1242 increases the likelihood of reaching 1109 levels. However, sell volume has considerably decreased, indicating a buying interest in the stock. 20EMA (black line) has to remain above 50EMA (orange line) in the weekly chart for significant upside momentum.    
NSE:RELIANCELong
by shanmurali
Reliance expected to bounce soon.Here 4 th wave of 3 rd wave is in progress. It has exactly retraced 50 percent of 3 rd wave. there is no over lapping between 1 st and 4 th wave. It is a weekly chart. It can bounce from here. weekly stochiastic is in over sold condition. Main point to note here whether over lapping of wave 1 and 4 takes place or not. if reliance declines and over lapping takes place..that will not negate the entire structre. let us hope for the best. if this post helps you don't forget to like. follow me to get updates.
NSE:RELIANCE
by bijoy2526
2
Reliance : Where is the next Stop?Reliance broke down from support and gave a weekly close below that support. Looks bearish to me. The next stop could be 1100. If market is to fall further then this will be an ideal shorting candidate. If the markets were to reverse from here and we get a close above 1300-20 levels can try a long position and add small quantity. This is just a view and not a Buy/Sell recommendation. Please study the chart. Based on the market movement, find your opportunity.
NSE:RELIANCE
by sagartharayil
Reliance Inds cmp 1267.60 by Weekly Chart viewReliance Inds cmp 1267.60 by Weekly Chart view - Stock has formed Bearish Rounding Bottom - Support Zone seen at 1050 to 1100 Price Band - Support Zone 1250 to 1300 Price Band turning into Resistance Zone - Stock might probably show more downside by the Technical Chart setup - Weekly Basis : Support at 1195 > 1100 > 995 with Resistance at 1360 > 1445 >1535 > ATH 1608.80 - Stock Price gone well below the crossover of both the Falling Resistance Trendline and also the Rising Support Trendline been broken down
NSE:RELIANCE
by PIYUSHCHAVDA
3