13 Years #Multiyear #Breakout at #RIIL (Reliance Industrial Infrastructure Ltd) Weekly Chart. Its #Outperformed #Nifty.
BSE: 523445 \\ NSE : RIIL
What Is the Inverse #headandshoulders ?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top...
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Reliance Industrial Infrastructure Limited is engaged in infrastructure activity in India. The Company is engaged in providing services of transportation of petroleum products and raw water through its pipelines
Stock is trading at 4.19 times its book value
The company has delivered a poor sales growth of -6.90% over the past five years.
The company has had a low...
Stock Name - RIIL. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 1140. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
In this chart if the price level crosses over the blue line, the stock will give good profit. Within someday, if the price being corrected, the price movement will go down to the first red line, it will be the fair price for fresh entry.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. This is pure technical view.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
RIIL has made a Double Bottom Pattern + Weekly Congestion + Monthly Rising Volume, Closing above Breakeven is a trigger point to Buy and Hold for 1:1 Reward
As seen in the chart, RIIL is trading under a Symmetrical Triangle in the weekly time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price. Do Note: Break out or Break down will be considered as close price of a weekly candle.
Disclaimer: This is for...
