RLI trade ideas
Reliance - Fully Bulllish
Reliance has completed its bearish moves and now in bullish trend.
Buy on dips.
2398 is the support now, if falls below it till 2355 even not to worry. Should remain above high of 29th November 2023 candle.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Reliance
1. Buy only above white pivot level.
2. The retailers may have a positive view of the market in relation to state election results. But, smart money may play on this idea and in the beginning market may fall and then pick up or vice versa.
3. Buy only when low of 1-12-2023 is not broken.
4. Time levels for tomorrow is 12.37 p.m. Buy only when price remains above high of this candle.
Conclusion:
a. Low of last session should not be broken; buy as near as possible to this level.
b. Price should be above high of these two candles 12/1/23 9:16 AM 12/1/23 1:42 PM and of course 12/4/23 12:37 PM
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Reliance 2350 important support upside 2480 , 2540 next Target On 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
$NSE:RELIANCE Is Reliance going down further or its just a pauseNSE:RELIANCE Is Reliance going down further or its just a pause ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
RELIANCEKeep buying on dips .. expecting Reliance to hit 2550 shortly and 2880++ in coming months
Probably will hit by jan 2024
A Potential Bullish Reversal on the Horizon for RelianceNSE:RELIANCE : Anticipating a Bearish Phase Followed by Potential Bullish Resurgence
Reliance Industries may face bearish trend with an eye on future Bullish Opportunities. Recent market structure mapping, however, suggest a potential bearish phase for the company, prompting investors to reassess their positions. While challenges loom in the short term, astute investors may find solace in the prospect of a bullish resurgence on the horizon.
RELIANCE TREND NOWTREND -POSITIVE
PRESENT ZONE-Came down from WEEKLY SUPPLY ZONE.NEW 1 HR SUPPLY ZONe formed on friday.2 nos 1 HOUR DEMAND ZONE's are below.
FORECAST -As per ZONE Grinding expected.
MY TAKE-
can come down to WEEKLY DEMAND ZONE at 2376 if TL is broken.
Going up is difficult as lots of supply zones are there.only gap up/news flows required for going up.
(Note-only make entry at DEMAND ZONE's & Exit at SUPPLY ZONE's for BETTER RISK REWARD)
IF FOUND USEFUL KINDLY CLICK BOOST ICON
(any doubts leave your queries in comments)
Reliance LongPlease note that I'm not a financial advisor, and investing in the stock market involves risks. It's important to do thorough research or consult with a financial professional before making any investment decisions.
Reliance Stock Today at 2399 Rs.
Better Risk to Reward Entry Condition
Entry with 1/2 Quantity
Stop Loss Below 2280 on Day Basis
If Stock Cross Above 2475 Again Enter With 1/3 Quantity
Trailing stop loss to Entry Price
Wait for Target 1 and Target 2
Keep an eye on ADX on 4Hr Time Frame for Profit Booking
there has been a consolidation over four quarters, which might indicate a period of stability before a potential breakout.
Remember that market conditions can change rapidly, and past performance is not indicative of future results. It's essential to stay informed about the company, market trends, and other relevant factors that could impact the stock. Additionally, make sure your position size and risk exposure align with your overall investment strategy and risk tolerance.
If you're not familiar with any of the terms or strategies mentioned, or if you have doubts, consider consulting with a financial advisor who can provide personalized advice based on your financial goals and risk tolerance.
Reliance intraday trade setup; Neutral1. Green Trend line: I would "carefully"
go LONG at "successful breakout".
(1 Qty at breakout, another at retrace)
2. Red Trend line: I would go short on
following 2 scenarios.
(a) Open gap down, wait for retrace and
go short at lower trend line.
(b) Open in-between trendline and breakdown;
I WILL WAIT FOR RETEST AT TRENDLINE and go SHORT
Reliance support coming soon; Planning to LONGMarket ki saari ummedein "Mota Bhai" per tiki hui hain. Ab Nifty ko yahi bacha sakte hain.
Daily timeframe support coming soon
I'll go long at "one green candle (of course with full body)" once it tests support line on daily timeframe.
SL and Target will decide afterwards.
Reliance till 2357 not break buy on dip 2500 Target On 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
Relinace swing longChannel breakout done and a small retest done. First target will be 2445 second 2500
RIL Ready for Up moveReliance is broken the resistance and trading above EMA40
Can be a good entry for target 2600 and beyond
Reliance , Nifty50 and niftyit etc Call Trade 🤑💸👑👑👑Royal Trade👑
Reliance IMPORTANT LEVEL
We buy Put and my Target in Video
Dont buy any trade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
RELIANCE | Inverted Head and Shoulder | Swing TradeRELIANCE | Inverted Head and Shoulder | Swing Trade
Inverted head and shoulder pattern and breakout for good swing trade
RELIANCE LONG POSITIONNSE:RELIANCE
RELIANCE is looking good at this price point.
RSI bullish divergence on 1d time-frame.
Just crossed 50 and 200 ema on 1d.
Making higher high new wave.
Inverted head and shoulders at the bottom of the downward trend.
Making a new upward trend price action.
Crossing imp. fib level.
Taken support from important level on 27th oct.
Reliance 2500 CE 2600 CE option decemeber janaury jackpotHi every one
please check my CE call option technical and reply me to know more
I risk reliance 2600 CE DECEMER
if not works
I will risk rel 2600 ce january
Reliance IND Bullish, Kindly do your own studyThis stock is looking strong in chart.
Weekly price is above 50 EMA
weekly MACD is up and above zero line
Inverted Head and Shoulders BO and all EMAS positive and volume is good
Daily MACD is PCO stat
RSI is above 50
+DI cross -DI
RELIANCEReliance has break inverted head and shoulder in support area. in short term swing rally can go Above 2400.
Will it surge?Reliance has underperformed Nifty.
now it is moving up gradually.
It seems after 1 st wave rise ,its 2 nd wave is running correction,
Actual buy signal will be generated when it takes out the 4 th wave
position which is at 2368.
let us watch and enjoy.don't forget to like this podt if it is helping you.
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