VERY VERY BULLISH RELIANCELong and hold, reverse crash coming. Results great, chart ready to send. Nifty also ready with banknifty for a big rally.
RLI trade ideas
Reliance stock analysisstock showing sideways range..9 days ema range is 2890 and reliance Q4 results net profit fall 2% YoY to rs 18951 crore,yet beats estimates
Reliance buy on dip 3025 -3050 upside 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
Reliance(INDIA) projection for coming days(21-04-2024)I have prepared the analysis for reliance and considered recent trend, Chart pattern & Gann methods. On the upside first target will be 2900(First green line) And then if it continues then 2nd target(2nd green line with green apple). Stop loss with be 2963.
This analysis is for study purpose not a recommendation.
Reliance is set to make new HighHi
Reliance is set to make new high . The CMP is 2962. It is making bullish cup and handle pattern on daily chart. The swing target would be around 3100.
It is not recommendation. only personal opinion.
Reliance industries is about to sendLong consolidation has come to an end.
Bjp first win in Gujarat.
Strong support established.
Long and just hold.
Stoploss under 2800. Almost impossible to hit.
Ahead of Q4 Result - RelianceReliance Is going to Announce it's Q4 Result today after market on 22 April 2024 but ahead of it when we look at the chart of Reliance we can see there is positivity and it may open or touch 3000 levels and very soon we can see level of 3100.
Disclaimer - Investment and Trading is Subject to Market Risk
Reliance (day chart)Results today, a Nifty major
watch cloud + channel breakout - longs
pitchfork & fibo levels breakdown - shorts
Reliance buy on dip we can see fresh All time high 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
Reliance could fall after breaking the chart patternReliance is showing signs of distribution and once chart pattern is broken good fall could be possible
ReliancePrice is testing the trend line now. Nearest resistance is at 2960 zone. Price have to break it with volume to continue the uptrend.
Buy above 2945 with the stop loss of 2930 for the targets 2959, 2978, 2996 and 3012.
Sell below 2906 with the stop loss of 2920 for the targets 2886, 2871 and 2852.
Check the live market updates.
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 FOR SHORT TERM SWINGReliance Industries is making continuous Higher-Highs on higher timeframes. So it is very obvious that we can see a new ATH above 3050 (exact current ATH is 3025, but we are taking some buffer as it is one of the most manipulated high beta stock). Target is calculated using the ABCD pattern of Harmonics. Once price tries to break the current ATH, shift to 15 min timeframe and wait for a retracement for entry.
RELIANCE INDS - INDIADaily chart.
Detection of a double TOP, with height reporting.
The target would be the 50% Fibonacci.
Make up your mind before placing an order.
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RELIANCE INDUSTRIES FOR INTRADAY 10.04.2024Track Reliance above 2958 for Intraday today. Target is calculated using XABCD pattern of Harmonics. Entry can be made if a 1 min candle closes above 2958.50.
Reliance Industries - How to trade on 10-04-2025
Please read the notes as mentioned on the chart.
Disclaimer: I am not a registered analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Reliance OUTLOOKI used S&D method and Fibonacci retracement tools to discover stock's reversed to previous levels to find probable support levels.
Ignore Gap Up Cancel the plan
Analysis:
Starting Point: Mentioned on the chart
Ending Point: Mentioned on the chart
Disclaimer: This is for educational purposes only. Conduct your own research and consider your risk tolerance before trading.
RELIANCE | POLE+FLAG CONTINUATION!A strong pole & flag formation is seen in Reliance.
A strong pole is characterised by the absence of retracements i.e.., resembling almost a straight line. Stock has consolidated in a flag formation & appears to be testing the resistance with HH, HL formation. Such tests high a high probability of a breakout to occur.
The trade consists of a RR of 1:2. But this is NOT a Trade Recommendation. Please do your own analysis before entering positions.
Thank U:)
Reliance Industries Monthly Gann Angles Analysis...28 March 2024Reliance Industries Monthly Gann Angles Analysis...28 March 2024...
Levels and Angles marked on Monthy chart carry a lot of weightage...
Study them carefully and use it for decision making...
Level of 3039 seems very important on chart...
This could the next next game changer for it...
Gann 50% Rule at work....
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the programme for this opportunity to use it freely to
express our ideas to the community of traders.
Reliance Industries Fibonacci Extension ProjectionNSE:RELIANCE
Fibonacci extension resistance at 1.618 level around 3035 level. If RIL closes above 3035 level on weekly basis then next target level at 2.618 Fibonacci extension level around 3686 level.
#Reliance cash : Looks good around 2950-2960#Reliance cash -Positional call
27.March 2024
Looks good around 2950-2960
Stoploss 2900
Tgt 3020/3080/3140
Cmp 2986
RELIANCE near all time high breakoutcmp 2565
sl 2340
target 2872 and 3274
reliance is near an all-time high...we are preempting a big breakout above 2630 weekly close for 2 weeks. also we can see rounding bottom too
