RIIL..weekly..11 years breakout with SL and TPfor educational purpose only with strict SL as fundamentals not much impressive..view for medium term.
RIIL trade ideas
RIIL-10 year consolidation breakout.
- stock has forming rectangle pattern.
-Next level to watch 970-1080-1180 levels.
-Support is near 570 level on chart.
RIIL ( Reliance industrial infra )R infra giving breakout of 10 years we can go long for target 1200,1600
RIIL on a rise after 10 years of consolidationRIIL showing signs of revival.
Strong green candle with good volume.
Safe traders can wait for retest.
Study and trade
RIIL 1year Resistance break outRIIL ready to breakout one year old resistance with good volumes, either ways it can be tradable with price action as volumes are very high.
Levels marked on chart
RIIL inverted head and shoulderRIIL made inverted head and shoulder bullish pattern. Support and resistance mentioned
RIILRIIL: Looking Good
Trianlge Breakout 400 If sustaining above 400
Buy Above 400 Add Until 385 Stop-Loss 380
Target 420-440-460-480-500+++
Positional Call
RIIL Breakout CompletedRIIL Breakout Completed, Targets based on purely price action, support and resistance
*** Purely personal analysis ***
Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
NSE: RIIL Interesting Move Movementum play at current level for a target of 403, 411
Stop loss at 339 in short term
Keep stop loss moving
RIIL: Is Impulsive WAVE-5 Completed?RIIL: Is Impulsive WAVE1-2-3-4-5 Completed?
Short Term TGTS:
Resistance: 247.3, 252.6, 257.1, 260.2, Rest Mention on Chart
Support: 222.7, 217.4, 212.9, 209.8, Rest Mention on Chart
* PRZ @ 211 (By Closing)
Intraday / T+3, Upto Independence day
Resistance: 238.9, 242.4, 245.6, 248.5 + Rest on Chart
Support: 230.85, 227.6, 224.4, 221.5 - Rest on Chart
SYUDY Purpose only.
Treat Resistance as TGTs & Support As Accumulation
RIIL trade setup.Riil is looking bearish on various timeframes and is waiting for a downside move.
All levels are vaba numbers.
follow me for more instant updates,levels as mentioned in the chart.
trading time may last for few days.
