RIL Long (Till Dec 2022 Monthly Expiry) RIL Long (Till Dec 2022 Monthly Expiry) Target 2592.....Try for Jan expiry.....Longby sukumar78794
relianceNifty post analysis i told you i am short nifty 18000 levels but reliance today looking bullish see the levels thats why i ignore short nifty todayLongby vk4473763
Reliance: Support Resistance and trading strategyReliance The Chart set up The stock has been sideways for the last 8-9 months. The stock has fallen approximately 9% from the top in the month of December so far. Important levels on the downside which has the potential to provide support S1 - 2467-2485 S2 - 2405-2420 Important levels on the upside which has the potential to act as resistance R1 - 2565-2588 R2 - 2632-2680 _____________________________________________________________________________________________________ My Trading strategy Given the set up, my trading strategy for Reliance: Short Strangle strategy for January series Sell January 2023 expiry 2640 Call option & 2400 Put option Net incoming 52 points _____________________________________________________________________________________________________ Gain potential and understanding risk profile Max profit potential of Rs 13700 per strategy lot, if Jan expiry day close is anywhere between 2400-2640 ( roughly 12% ROI on margin requirement) Loss in strategy, if Reliance closing is above 2692 or below 2348 on 25th Jan 2023. _____________________________________________________________________________________________________ My Risk Management levels Review points for managing risk 2467 / 2420 on the downside 2580/ 2612 on the upside These review points are based on support and resistance levels identified in chart analysis and accordingly trading strategy has been curated which should give ample time and scope to adjust / exit in case view of rangebound movement is getting invalidated. Apart from these, I would be also monitoring Crude oil price movement. _____________________________________________________________________________________________________ Hope the analysis and explanation of trading strategy helps you plan and manage your trade. Do let me know if you find the analysis and insights helpful. To trade with me, Do Like and Follow for getting more trading ideas like these...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need beby indiamarketoutlook338
#Reliance having break down, Reliance having head and shoulder break down, having room to fall upto 2350, lets where it goesShortby tvihaan0710
Reliance BuyAs shown in the Reliance has completed Wave 1 of higher degree and Retraced almost 61.8% of wave 1...Therefore it is good opportunity to accumulate the stock on every dip from here till it holds 2313...Longby Ajayadav0
relianceReliance 2566 important levelsto support nifty okh this is break more down fall lets see Longby vk447376Updated 1
Reliance Good Buy (Short Term)Reliance is excellent buy at cmp 2525.....Please see the trend line chart before buying.....I feel in couple of days it will either break down or break out (Ascending pattern)...Target 2665 + by next week.....Longby sukumar7879223
Reliance near it's last two month support.Currently Reliance is near it's two month support and nifty is in downtrend, just wait and watch for any big move . Alert for swing and positional traders. Happy Trading friends!by Manmohan-Sahani0
RELIANCE showed 2 good candles for the last 2 consecutive daysNSE:RELIANCE has been making two good bullish candles for the last 2 days. If it crosses 2650 then we can easily see 2750 but it should not breakdown it's 2550-2500 levels.Longby gauravcs4u1
RELIANCE - Looking good for a rally Reliance - looking for an up move from here. 2600 is the level to watch out for. It should not break the level. Longby tvamev0
Reliance can move upside(trend)Hi to all this is my fourth prediction. i found several patterns in reliance chart. but the cup and handle seems to be valid one. reliance broken from handle, but from opposite side view from the recent fall(2855) there is retrace upto (2753)78.6% so i suggest 1.) using 2565 as stop loss and take entry for 3075. or 2.) using 2701.03 as stop loss and take entry after 2755.40 (opening & closing by day candle ) towards the target 3075. (stratergy :use roll over for every month future expiry . ) i am open to any suggestion.please post your suggestion or comments. please analyzefrom your end to take entry.Longby comprehensiveA35184336
Reliance touches the extention.Yesterday I had published the chart of reliance. It had touched intermediate line and bounced to take out uml to touch the extention line. I think this post must have helped. don't forget to like this post. follow me to get updatesby bijoy2526116
Reliance closes above 20 hmaplease how it plays nucely with in the pitchfork. its decline has been arrested with its close above 20 period hourly moving average, next target is the uml of the pitchfork. and if it moves beyond uml other lines are the targets please go through my earlier posts of reliance. published earlier in trading view.by bijoy25268
RELIANCE ELLIOTT WAVE FORECASTBSE:RELIANCE Long term Elliott wave Forecast Wave 3 Bull market long way to go.by TrendonomicsHD6
18th DEC Reliance Industries Ltd. Buy or SaleAs Previous Tread Seen Very Good Profit Booking in Reliance. Continue to your Support for More trade Go Short Below 2560 Target: 2540-2520 SL: 2572 Feel free to share your feedback and queries. If you want to know about your stock please mention in comment. Note: This is not Paid only for Educational purpose.Shortby vahabsheikh1
16th DEC Reliance Industries Ltd. Buy or SaleCMP: 2578 Reliance Industries Ltd is India`s largest private sector enterprise, with businesses in the energy and materials value chain.The company works under different business segments:Exploration and Production,Petroleum Refining and Marketing,Petrochemicals,Textiles and Retail. Reliance currant given breck out Strong Support Sale Below 2585 Must See Bearish Candle. Target : 2560-2540 SL: 2595 If Learn How to Analysis and Candle reading follow us. also give your feedback.Shortby vahabsheikhUpdated 111
Reliance Stock Analysis (Intraday)Reliance (Intraday). Reliance stock if sustains above 2633, more upside possible and targets are 2670/2690. Logic: Price stopped making lower lows and breaks Hourly trendline. Good Risk to Reward(2.25). Targets taken from 0.5 & 0.618 of Half bat pattern .Longby n99tradesUpdated 222
Reliance touches the Trend SupportRelaince The price has come to the support level of the trend line. expecting an up movementby sebinsanthosh10
short reliance till 2609 on 14 December 2022reliance showed rejection from resistance short from 2621 till 2609by tunwalhimanshu1
Reliance..............Reliance a good buy above 2622, targets have been mentioned on the chart. Reason: 1. 0.38 Fib level. 2. Above 2622 there would be hourly trend change signal. 3. Uptrend to sideways on HTFLongby atharvadhokte133
#RELIANCEOn breaching 2571 / Next stop at 2526 - 2541 On breaching 2526 next step 2450 / 2417.60by krishnakhanna5
#RELIANCESimple sell at Previous Low Which leads the downfall with no overlap (Sell)by krishnakhanna111
RELIANCE COMING IN BUY ZONEReliance gave a great move from 2500 level towards 2750 and again retracting towards demand zone, go long for marked targets on the chart until 2500 is intact on the down side. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team Longby InvestPro_India15