RelianceCounter is trading around resistance zone as per past price action data, RSI is at historical levels from where counter always take a u turn, keep watch till it remains below it time for bulls to exit and bears to take entry, above resistance zone counter can start a fresh upward journeyby RUDRA0075
RELIANCE - INVERTED HEAD AND SHOULDER'S PATTTEN - 2 HRReliance is showing a bullish crossover of 20 EMA and 200 EMA from below. RSI 78 indicating high momentum with rising volumes. However below 2325 it will be weak. The target as per height of the pattern come at 2639 but it may face resistance at 2491Longby PowerOfTA7
#Reliance ! #Inverted Head & Shoulder #Reliance forming #Inverse Head & Shoulder pattern open for targets of 2600+ Dear Readers, How to identify Inverse Head and Shoulders An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. The price falls again to form a second trough substantially below the initial low and rises yet again. The price falls for a third time, but only to the level of the first trough, before rising once more and reversing the trend.by CA_Chetanbhasin0
Reliance Swing tradeReliance is looking very bullish can be a great swing trade this week, trade wiseLongby AdilScopeTrainer1
trend line breckout trend line breakout in reliance day candle closes above trend line inverted head and shoulder formation be ready for fast and furious recovery in reliance Longby ProfitPicks6
Reliance Industries : Updated ViewCHeck RIL Day chart...King of Indian stock market...Nifty cannot move without RIL disc : for educational purposeby SandeshJoshi1
RELIANCERELIANCE Will react to numbers tomorrow Good Long if sustains above 2416 A dip towards 2256 may also give an opportunity with SL below 2175 Longby Singh_Siddz114
Reliance looking on Up trend for next 3 MonthsReliance is looking good Buy from current Levels for coming 3 Months. Possibility of Gap up opening on Monday. Early to Predict but Inverse H & S getting formed on Daily charts & Long Term targets will be above 3200-3300 in coming Years.Longby JITU_2103
RelianceRELIANCE has just announced its Results...... the Best in toooooo many quarters....... WOULD YOU GET BULLISH ???? Dont let your heart rule over what your eyes see................ I dont know what your eyes see....... What I SEE is marked for you. Many of you would probably TAG me as MAD.... So be itShortby deepgupsUpdated 7
Wait for Range BreakoutBuy if range breakout with big candle of rectangle Sell if range breakout lower side of rectangle reliance made proper consolidation before moving further upside, strong result on 21.04.2023 for Q4 take look on 50 EMA and volume when breaking the Upper side >take proper stop loss with 1:3 ratio both side >Risk management is more important Disclaimer:I'm not sebi registered guy, please take your position after consulting your financial advisor. Longby praveensir030
RELIANCERELIANCE broke out of triangle pattern as well as butterfly pattern above(2359) with good volumes. Could be bought with stoploss of 2325 & targets of 2400/2420. Note:- Reliance results tommorow. Longby TORTOISE_MS0
Reliance ChartLevels to play in reliance given in chart . Disclaimer : Posts are for educational purposes only ; not any buy or sell recommendations.. Please consult your financial advisor for initiating any trades by Equityclub82
RELIANCE - Expecting a movement to the downsideReliance is forming ascending channel & has clear formation to the downside to reach at 1830Shortby sohaibfx1
Reliance : Flag CodeTechnical Analysis : Strength : Weak Chart Type: Daily Chart Pattern : Bullish Flag RSI : Above 50 Price is above 20 DMA and Below 200 DMA Expected target : 2360, 2400 Expected Support: 2277 The new expected Targets would be 2300, 2325, and 2350 if the stock reaches the support level before the current targets. by DevabratAcharyaUpdated 2212
#Reliance cash : Looks good above 2370.10#Reliance cash -Positional 16.04.2023 Looks good above 2370.10 Stoploss 2340 Target 2416-2420/2480 Cmp 2355.50Longby anandnst5
Reliance weekly chart saying somethingOn the weekly time frame then stock is making hanging man pattern from last 2 weeks which is a negative sign of price action. I am looking for correcting in the script till 2051 that will be value buying zone. Closing above 2400 on weekly basis will open up more up side target. by nmcapital441
RELIANCE can be good for income option strategiesReliance: the heavyweight counter is trading in a tight range with support can be seen at 2250 areas while hurdles at 280-2410 zones the counter need to surpass this range for any effective trade however good for option strategies like IRON FLY, IRON CONDOR, STRADDLE SHORT with a hedge, and calender strategy as well by pratik23581
RELIANCE is looking good to meNSE:RELIANCE is taking some resistance at 2350 levels. If this levels is taken up then upside would be quick and at least 50 points gain can be seen. 2290 should work as support now.Longby gauravcs4u1
Reliance Stock Analysis(Short term Swing)Reliance Stock Analysis(Short term Swing) Reliance Stock created a Double Bottom near 2180 in Daily/Hourly Timeframes. Good opportunity to build a long near 2210-2220 for the Targets of 2290/2315/2365. Stop Loss is 2180. Above 2290, XABCD Activates and the move of stock will be fast. Longby n99tradesUpdated 4434
RELIANCE SHARE PRICE ACTIONReliance target is the 2700 level, that level touch in the week of a timeby shyamraj2075112
RELIANCE BUY ( Positional Trade Idea )Name- RELIANCE Trading Style- Positional Strategy- Trendline Breakout + Daily Closing Timeframe- Daily Chart Buy Above Breakout Candle High Stoploss Below Breakout Candle Low Target Should be 1:2 Note: All the details are provided on the chart itself Check updates regularly regarding this trade ideaLongby spganpateUpdated 2
Reliance 2300 area Crucial Reliance 2300 area crucial , now at 2330 there is falling trend line resistance at current level, any dip to 2300 level and holds with positive price action look for buy option to target of next resistance which is 2400 area stop loss 2280 .Gaps up dont chase we re analyse at higher levels at 2400 area .Below 2300 sustains we can short to targets time 2250 to 2200. by rakeshreddymUpdated 6
#POSITIONAL STOCKReliance looks positive on the chart. on the daily framework, it has made a W pattern and it has base/support at level 2300. if it maintains and crosses the upper trend line highlighted in red color, then we can see a good move and we can expect a 2400+ level in the coming weeks/months. Please do your own study before any trade, This is just my view and it can be wrong at any point of time.Longby kashinath291