Short Reliance RSI negative divergence
And reliance in a channel formation
Downside possible
SL 2980
Target 2807
Trade ideas
Reliance INdusRelience Indu Strong Breakout
Strong Breakout
Bullish
Awesome Volume
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 3% of your capital in a single Trade..
RELIANCE In Reliance stock we can see a RSI divergence and its trading in a triangle pattern, if the tringle pattern break bellow 2900 level then we can see a decent profit booking in Reliance which is approximately 100 points. Given are the entry and exit point.
Note : All the given ideas are educational purpose only do invest wisely.
@Nifty_50_ #nifty #banknifty #stockmarket #nifty50
Reliance 2965 near 2870 buy give Target 3000 , 3060On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Reliance : Take Bearish Trade before anyone else !!Reliance has made Curve resistance which is working from last 2 years
Also Reliance crossed 20 lakhs Market cap and Investors are very positive on Stock
But one have to look chart differently
Resistance level is coming around 2990-3010
We can see huge selling of 15-20% in the stock
One can take Bearish trade according to Risk appetite !!
Thank You !!
Reliance Industries: Swing LongReliance is trading in a range from 2187 to 2861.
Momemtum is high RSI >70 , we will see if it break the range this time, else it will again continue its range pattern.
Reliance 3000 Target many times buy given near 2200-2250On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bullish Pennant Pattern in RELIANCEBullish Pennant Pattern is progressing in RELIANCE. It is a continuation patterns where a period of consolidation is followed by a breakout.
Reliance to outperform Nifty 15% to 30%
Reliance trades to Nifty.
Whenever Nifty moves down, it comes to support
Rel/NF has moved past weekly resistance and is now targeting previous weekly highs 15 to 30% up from here
Trade - Long Reliance, Short Nifty Equal size, but large size.
Use this ticker - reliance*2000-nifty_50*250 on TV to track PnL
Short Opportunity in Reliance - Long Term Resistance ZoneSymbol : Reliance
Trading Idea : On daily and weekly TF, It looking like a consolidation & breakout but as per my analysis, Reliance is currently Trading at 2 year resistance zone & this breakout may fail as the stock is already given a huge upmove on weekly TF.
One can go short at current levels of 2640-2670 with SL of 2710.
Target 1 : 2545
Target 2 : 2485
ReliancePrice is moving inside a channel formation and now it is testing the upper trend line of the channel. Trend direction deciding zone is 2916 - 2922.
In daily chart, price has formed an ascending triangle.
Considering these facts, if the price sustains above 2922 and show volume strength, then we can see bullish move.
Buy above 2922 with the stop loss of 2904 for the targets 2942, 2964, 2986 and 2998.
Sell below 2880 with the stop loss of 2900 for the targets 2860, 2838 and 2218.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
RELIANCE HOURLY CHARTBreak any side harizontel line take a trade. note* Entry after hourly candle close.
Swing Trade on Reliance 🚀Reliance Ltd.
Reliance is following trend line and may take support from 2800, go long for the levels of 3050 in short term.
RELIANCE IS AT SUPPORTCMP 2340
SMALL SUPPORT ZONE 2330--2340
Harmonics Reversal zone 2305---2295
TARGETS 2325 / 2350 / 2375 / 2400 / 2425 / 2450(STRONG RESISTANCE)
Above 2450 Breakout Targets 2475 / 2500 / 2550 / 2575 / 2600
CBSL 2240
Regards...
Keshav..
25/09/2023
Reliance 3000 , 3090 next Target for few days till 2780 not brekOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Reliance Uptrend Movement . Expected Target is 2960/2990Symbol Reliance.
Time frame: 15 min
Analysis: The price is in th parallel channel so we can expect a target of 2960/2990
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Reliance ABC patternThe entire pattern for Reliance Industries looks like ABC, especially as we have respected the upper end of a rising channel. This perfect channel was possible because the chart is adjusted for the demerger of Jio Financial Services. If your chart is not adjusted, it may not be the same. What are the implications? Watch the RMI and trend indicators.
Reliance - Cup and Handle Overall Commodity cycle has started.
RIL will benefit from it !
Cup & Handle Breakout at 2620 Levels
SL 2350
Target : 2850-3100-3260++
Market leader as well as big heavy weight in INDEX.
FALL EXPECTED IN RELIANCEReliance industries in trading in a channel and taking a short trend near upper channel with SL above the resistance zone has potential of giving good profits.
Sell - 2750 - 2740
SL - 2800
Targets - 2635, 2585
Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview.
Happy Trading!
InvestPro India
Reliance buying given at 2700 on 195 points get 3000 next TargetOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Long Biggest Company In India - Reliance Industries Currently Reliance is at All time high close with Bull Flag pattern breakout.
Ride the trend until it closes previous day low or Previous Market Structure of Technical levels Stoploss is Rs.2658 for futures.
Long March futures and Buy 3000 Call option of Feb series - 2024.
RELIANCE - W Pattern Dear Team ,
As per my Observation at Reliance Forming an W Pattern .. Must Trade and Invest on Your observations and Capital Capacity
Thanks
I am Not SEBI Registered .
RIL - a conditional buyThis Index giant is showing signs of breaking a channel. On daily chart, it has formed a rounding bottom. Whereas on technical indicator, RSI shows bullish trend for a medium term momentum. Any breakout above 2580 could bring further rally in the stock. Buy this stock if it sustains above 2580 on daily closing basis with at target of 2800 and a stop loss of 2445
