3 RISING VALLEYHow to find the TGT of (3 RISING VALLEY) . . Highest Price of 2nd Peak+((High Price of 2nd Peak-Low Price of 1st Valley)*0.58) TGT 2652 2527+((2525-2311)*0.58) = 2652 SL 2480Longby VibhutiSharmaUpdated 4414
Bullish Shark in RelianceBullish Shark in Reliance (SL on 15 min. candle close) PRZ for Buy 1940 SL 1800 Target : 2095, 2245 CMP 2326.95 @ Feb 02, 2023 Chart by CA Savita RehlanLongby UnknownUnicorn8777733Updated 112
Reliance industries at attractive priceLong position in Reliance industries can be initiated with a stop loss of 2150 on a daily closing basis. Points considered: It is trading at 2203 level which is lowest in last 18 months. Taking support at horizontal support which has not been broken in a long time. RSI near oversold zone. Please do your own study before entering any position.Longby Dheeraj_Gupta148
Institutional Buying Zone Looking at past data, it is visible that: whenever, reliance comes to this zone and breaks out, it rallies, candle after candle, and has given 18% and 30% returns in almost 1 month. Reliance is at the same zone and at the bottom of market structure, it has formed 2 more bullish confirmations. 1. liquidity grab- Reliance broke the support zone and trapped short sellers and used that liquidity to burst out 2. Multiple Bearish Anomalies- As reliance approached the zone, it has a type of stopping volume, like a person slamming the brakes, red candles came with high volume but with very little downward price movement and started forming lower wicks. Even a good time to buy for investments. Target: 2754 Stop loss: 2180 Risk:Reward- 1:5 Keep It Simple Longby Krish_KohalUpdated 229
RELIANCE2309 reliance trendline resistance market will more fall also nifty break 17000 levels okhShortby vk447376112
ReliancePublishing herewith with reliance 12 month and 6 month candle range in 1 day time frameby omvats11
RELIANCE2271 + 0.31% resistance break next target the Horizontal line okh Nifty looking strong Longby vk4473761
Hammer PatternHammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price. The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small. The lower shadow should be at least two times the height of the real body. Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation. Script = Reliance Time Frame = 1 Day Longby Jainshashwat0
RELIANCE2670 above limit order buy consider my side because price stay 1 hr sustain and nifty also buy resistance break okhLongby vk4473761
Reliance - Looking week Reliance Stock analysis report. Reliance has formed Head and shoulder on Two years trend (around 2400 levels). Resulting in downtrend and showing signs or testing 1800 Levels. While Having this in mind It has also formed Head and shoulder (Smaller one) supporting bigger one. Target 1 - 2200 has been met and now sideways around this level. Further breakdown will take it down to 2160 levels... Post 2160, stock can be analysed about retesting 1800 levels.Shortby shashidhara25Updated 0
For swing tradeRsi divergence in Reliance on daily time frame. Average line of rsi is just about to cross. Longby rajeshdhingra16161
Morning Star Loading...🔄 #Reliance - At a Strong support - Showing signs of reversal Disc :- Morning star is confirmed only if it closes strong. Not a buying recommendation.by ChartShala1
RELIANCE2200 LEVELS cross and 1 day closing candle market break upper resistance levels then buy consider okhLongby vk447376116
buy reliance indit has form bullish dip crab harmonic pattern. it may retrace till 0.38 5-0.50% of point CD. view negated below 2175.Longby viralmodi5
Stock of the week (S-1)I have started a new series in which I will provide stocks on every weekend for positional trades with Price action learning. Stock -1 Reliance Trendline breakdown is the first sign of trend reversal and then trendline retest is the 2nd sign of rejection and if the market makes price action after the retest, it is the confirmation of trend reversal.Shortby TheBullishRoomUpdated 6
Reliance target @harishwaveanalystReliance share elliot wave analysis reliance one hour chart analysis price go down 5 wave by HARISHRAO99118
Reliance weekly support breakdownNSE:RELIANCE Reliance break weekly support after long time and on monthly looking head and shoulder on top. looks like stock may be underperforming in short term.Shortby Chartstory_Jigar2
RIL at Crucuial Level : Trend Decider for NiftyCheck chart of RIL and Commentary posted. Disclaimer : This is for educational purpose and and not a trading call. Consult your financial advisor before taking decision, I may or may not have taken position according to this. by SandeshJoshi2
H&S pattern formed on Reliance target 2394There are two patterns formation on Charts. Weekly a triangle pattern and Daily head & Shoulder pattern formed today. daily target 2392 may be coming. 2nd possible target 2210 in case of triangle pattern breakdown on weekly chart. Shortby Sandeepk31Updated 7
RELIANCE2200 PHYSICOLOGY levels support take support 2nd not break previously swing low (but price action trading setup follow market hold 15 minutes below and the break upper levels then buy okh,Longby vk4473761
long on Reliance Industries , Intraday positiona support forming change in market structure on the lower time frame , filled the morning gapLongby UstatanandUpdated 0
reliance stock form declining channel, near lower support zone forming double bottomLongby devobrataroy1
RELIANCEIt is breking trendline in weekly chart. It should come up else it will create worries in mind of bulls. And some reversal may not happen in this extended down fall in overall market. So keep reliance in watchlist with index. by YS91