RELINFRA – CMP 255.95 | Date 18 March
Small cap, Power sector
The stock is waiting for a channel breakout,
concentrate if the price is sustained above 265 with a target of 300
Reliance Infra has given long awaited breakout of All moving average. Stock is now out from Stage 1 phase on Monthly chart. Stock is entering into Phase 2 of Bull market. The Ultimate target is 800% return from this level. Time frame is around 2 year from this level.
On a monthly timeframe (Image attached in the chart for reference) the stock is standing right below the resistance zone(281-352). The long term down trend line seems to be breaking this month.
On the weekly chart stock is making a vcp kinda structure and break out of the last 14week base again on a good volumes. The stock is trading above all its key moving...
Volume accumulation in daily and weekly timeframe looks promising.
Rising wedge pattern breakout successful with good volumes.
Major resistance ahead, wait for retest for conformation.
Note: I do my analysis, do your before trade.
Volume accumulation in monthly timeframe looks promising.
Rising wedge pattern breakout successful with good volumes.
Major resistance ahead, wait for retest for conformation.
Note: I do my analysis, do your before trade.
Volume accumulation in monthly timeframe looks promising.
Rising wedge pattern breakout successful with good volumes.
Major resistance ahead, wait for retest for conformation.
Note: I do my analysis, do your before trade.
Reliance Infra is showing a good strength from the support its retest the breakout and ready to move the after breakout of resistance. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. Pasted a image from...
-trading in a parallel zone
-strong candle candle in weekly time frame with high volume
-rsi is about to give breakout
-support from psychological level of 200 and All crucial Ema
-Keep in radar can give decent return in future
#Relinfra cash -Positional call
01.March 2024
Stock is trading at lower end of channel
at 220-223
Continuesly making high lows &
Trading in channel ....
Strong support at
188-190 for long term investors
Cmp 220-223
A Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:RELINFRA
MACD will gave Positive crossover on Daily and already given positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information...
In the Weekly Chart of RELINFRA ,
we can see that, it strongly moving in upward direction.
Also, it is looking very promising for next year.
please keep a track on RELINFRA for better % of gains.
BUY - RELIANCE INFRASTRUCTURE
CMP - Rs. 184
Target - 1: Rs. 273
Target - 2: Rs. 431
Target - 3: Rs. 578
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Timeframe - 1-2 years
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
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REL INFRA at 200 on verge of yearly breakout after respecting 200WEMA. Above 200 next stop will be 230 to 280 gradually. Keep stop below 175 on weekly closing basis. Technical set up is fantastic
RELINFRA
I'll give this trade to some members of my group, target was achieved less than July 8 ill give this trade.
exactly 1-month target achieved anyone's interest on this stock you can buy now also as stop loss 190to 196 and wait for retracement and target open. min 30+ points keep.
I'm not telling you to buy this trade as in me it's bullish that's sit.
thank you.
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
