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RELIANCE: US attack on Venezuela & Level Analysis❇️ New Delhi: The US attack on Venezuela is unlikely to have any material impact on Indian refiners, which had already exited Venezuelan crude due to sanctions. Venezuela is now a marginal exporter, and any supply disruption is unlikely to lift 💥India's Exposure: Venezuela supplies ~3-5% of India's crude imports (USD 364.5M in FY25, per ET). Reliance's Jamnagar refinery (1.24M bpd capacity) diversified sources (Russia 30%, US 20%, Middle East 40%); Venezuelan crude <10% pre-2024 sanctions. Fundamental Impact on RELIANCE💥 💥 Refining Margins: Minimal hit —crude diversification shields from supply shocks. If Venezuelan output rises under US influence, cheaper heavy crude could widen Reliance's GRM (gross refining margin) to $15-18/bbl (current ~$14). Risk: Short-term Brent volatility (+2-3% if escalation) could squeeze margins by 5-10%. Flows & Valuations: FIIs net bought ₹500 Cr in energy Dec end (offsetting YTD ₹2.3L Cr outflows); DII supportive. RELIANCE P/E ~22x (sector avg 20x), EV/EBITDA ~8x—stable amid event. 💥 Global/Macro: US CPI soft (2.7% Dec) aids EMs; rupee ~90.45 steady on RBI. Geopolitical: Low escalation risk (China/Russia condemn but no retaliation), per X sentiment (posts focus on oil prices, not India-specific panic). Conclusion: 🚀Buy on Dip Strategy. ❇️Screen Shot of 75 min TF❇️ 💥Level Interpretation / description: L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above. L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias. L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt HZB (Buy side) & HZS (Sell side) => Hurdle Zone, *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature) Rest Plotted and Mentioned on Chart Color code Used: Green =. Positive bias. Red =. Negative bias. RED in Between Green means Trend Finder / Momentum Change / CYCLE Change and Vice Versa. Notice One thing: HOW LEVELS are Working. Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry. ⚠️ DISCLAIMER: The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research. "As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's". Do comment if Helpful . Do Comment for In depth Analysis. ❇️ Follow notification about periodical View 💥 Do Comment for Stock WEEKLY Level Analysis.🚀
NSE:RELIANCE
by DSKF16
3
Reliance ending diogonal in wave 5Reliance Industries Limited – Ending Diagonal in Wave (5) | Structure from April 2025 The advance in Reliance from the April 2025 low has unfolded as a clear impulsive structure. With Wave (1) through Wave (4) in place, the ongoing rise appears to be Wave (5) of the larger sequence. The internal structure of the current leg shows overlapping price action within a rising wedge, indicating a fifth-wave ending diagonal: Overlapping sub-waves Loss of upside momentum near highs Price respecting diagonal trendline boundaries These characteristics typically appear at the terminal stage of a trend. If this interpretation is correct, Wave (5) is either complete or in its final phase. A decisive breakdown below the lower diagonal boundary would confirm the end of Wave (5) and signal the start of a corrective ABC phase. Key takeaways: Ending diagonals imply trend exhaustion, not strength Risk increases for fresh longs at this stage Post-diagonal corrections are usually swift and deep
NSE:RELIANCEShort
by bijoy2526
Reliance very Near Life Time HighReliance NSE India .Daily chart Analysis My analysis was highly accurate in identifying the Reliance key resistance zone around 1600–1620. As of the latest close on 1595 January 2, 2026 ,. Date 08/7/2024 Reliance on lifetime High 1610 created., Today Reliance is trading near all-time highs levels will determine the next major move. confirming a fresh lifetime high and a decisive breakout above the 1600–1620 resistance Zone.(Box) Updated Scenarios 1. Bullish Breakout Confirmed(Above 1620) The index has already achieved a sustained close above the 1620 resistance zone This confirms fresh bullish momentum. Potential Targets: 1680–1700 (initial), with extensions possible 2. Pullback Scenario (Lower High Probability Currently) Trigger: A close below 1520 (new near-term support) could signal profit-booking. Potential Targets: Corrective move toward 1520-1500.
NSE:RELIANCEShort
by Trend_MyFrend
RELIANCE Indepth Analysis & swing Levels for 07th JAN 2026💥 RELIANCE Level Analysis: Intraswing for 07th JAN 2026 📈 PRICE LEVELS (📍 SUP. RES. Reversal / TF point mentioned on chart. 🔍 Reliance Industries (RELIANCE) Intraday Analysis Report - January 7, 2026 on wards. Reliance Industries closed at ₹1,507.60 on the NSE, down 4.47% from the previous close of ₹1,578.10. The stock opened at ₹1,569.00, hit a high of ₹1,569.00, and a low of ₹1,496.30, with trading volume of 27.41 million shares (significantly above average). The sharp decline was triggered by the company's denial of receiving Russian oil recently, raising concerns over refining margins amid higher input costs. 📊 Current Technical Setup Bearish structure with a close below pivot point (₹1,588.40) and multiple moving averages (5-day: ₹1,564.80, 10-day: ₹1,559.75, 20-day: ₹1,554.66, 50-day: ₹1,533.96). Beta ~0.31 indicates low relative volatility, but the 4.7% range shows heightened activity. 🐢 Pattern Analysis Intraday: Bearish breakdown from recent consolidation near ₹1,600 (failed attempt at all-time high of ₹1,611.80). Longer-term: Potential cup-and-handle retest invalidated by drop below handle base; forming lower highs, with risk of evening star confirmation on daily charts. 🎯 Fundamental Catalyst & Backdrop 🏃🏽 Key catalyst: Denial of Russian oil receipts at Jamnagar refinery, potentially compressing gross refining margins (GRMs) as the company shifts to costlier non-Russian crude. Broader backdrop: Solid TTM revenue of ₹10T and net income of ₹831B; segments like retail and digital services (Jio) drive growth, with new energy ramp-up expected. Earnings forecast: Q3 FY26 PAT growth modest at ~10% YoY, but tariff hikes and retail expansion targeted for H1 CY26. Risks include high capex and competition. 🎉 Technical Observations RSI (inferred from momentum): ~42 (neutral, approaching oversold with no bullish divergence). MACD: Bearish signal amid downside crossover. Supports at ₹1,496 (intraday low) and ₹1,480 (next pivot S3); resistances at ₹1,530 (50-day MA) and ₹1,565 (pivot S1). Delivery volume ~53% suggests mixed institutional activity, with spike indicating selling pressure. 🚀 Key Observations Stock hit 2-month low, eroding over ₹1 lakh crore in market cap intraday; biggest drop since June 2024. Analysts remain bullish (36 firms: 69% Buy, avg target ₹1,710), citing 2026 as a re-rating year with earnings upgrades. Institutional holdings high; sector mixed with energy under pressure but retail/digital resilient. Trades at 24.56x TTM EPS (fair vs. peers), YTD return ~4%. 🥇 Trading Strategy Notes Short Bias: Sell rallies towards ₹1,530 with stop-loss at ₹1,565; targets ₹1,480-1,450. Monitor for oversold bounce. Hedging: Buy protective puts (e.g., 1,500 strike) amid volatility; options PCR bearish favors call writing. 🎯 Risk Management: Limit exposure to 1% of capital; watch Russian oil updates and Q3 earnings. Potential buy-the-dip above ₹1,500 with volume support, but avoid until momentum shifts. 🏹 Upside Probability: 30% Limited potential for immediate rebound amid negative sentiment from oil sourcing issues. Short-covering could occur if it holds above ₹1,500, but resistance looms overhead. 🔥 Downside Probability: 45% Elevated risk following the breakdown and high-volume selling. Further weakness could test ₹1,480-1,450 if global oil dynamics worsen. 🕸️Volatile Market Probability: 25% 🌈 High chance of swings due to elevated volumes and news-driven moves; implied volatility may rise with earnings proximity, though India VIX at ~10 suggests contained extremes. 💥Level Interpretation / description: L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above. L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias. L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt HZB (Buy side) & HZS (Sell side) => Hurdle Zone, *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature) Rest Plotted and Mentioned on Chart Color code Used: Green =. Positive bias. Red =. Negative bias. RED in Between Green means Trend Finder / Momentum Change / CYCLE Change and Vice Versa. Notice One thing: HOW LEVELS are Working. Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry. ⚠️ DISCLAIMER: The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research. "As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's". ❇️ Follow notification about periodical View 💥 Do Comment for Stock WEEKLY Level Analysis.🚀 📝 WHAT CHARTS DO YOU WANT ME TO ANALYZE? Share your desired stock names in the comments below! V I will try to analyze the chart patterns and share my technical view (so far my knowledge) If helpful looking forward to hearing from all of you, also let's keep this discussion going and help each other make better trading decisions.
NSE:RELIANCE
by DSKF16
Reliance - Manual Back testing on Weekly ChartNSE:RELIANCE Manual Backtesting Study | Supply–Demand • Pullbacks • Breakouts I started from the weekly timeframe and moved the chart candle by candle, exactly the way price unfolds in real time. The goal was simple: ⦿Understand where institutions likely accumulated or distributed ⦿Observe how price reacts at supply & demand zones ⦿Track pullback behavior in strong trends ⦿Validate breakouts only when structure and context align Read the study Chart by chart 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Keep Learning, Happy Trading.
NSE:RELIANCE
by SANJAYPATIDAR_
RELIANCE 1 Month Time Frame📈 Current Price Snapshot RELIANCE share price (latest): ~₹1,559 – ₹1,561 on NSE. 52-week high: ~₹1,580-₹1,581. 🔑 Key Levels for ~1-Month Time Frame 🛑 Resistance Levels These are zones where price may encounter selling pressure or require strong momentum to break above: 1. ₹1,580 – ₹1,585 — near recent all-time/52-week highs. 2. ₹1,600+ — psychological resistance; breakout above could signal further strength. 🟢 Support Levels On pullbacks, these are potential zones where buyers might step in: 1. ₹1,550 – ₹1,555 – immediate support around recent trading area. 2. ₹1,535 – ₹1,540 – slightly lower support zone from short-term trend lows. 3. ₹1,500 – ₹1,520 – next buffer if broader market weakens. 📌 Simple 1-Month Trading Guide 1. Bullish scenario Price holds above ₹1,550. Break and close above ₹1,580-₹1,585 could open momentum toward ₹1,600+. 2. Neutral / consolidating Range between ₹1,550 – ₹1,580. Consolidation here often precedes a directional breakout. 3. Bearish scenario A drop below ₹1,535 increases risk of test down toward ₹1,500. Wider breakdown may shift bias further.
NSE:RELIANCELong
by TechnicalExpress
Reliance Industries Limited Bullish Momentum BrewingTechnical Summary: Trend: The market is currently in a short-term uptrend, with price respecting the ascending trendline drawn from recent lows. Support Levels: Immediate Support: ₹1,558–₹1,559 (recent consolidation area) Stronger Support: ₹1,548–₹1,547 (key equilibrium/demand zone, highlighted in blue) Resistance Levels: First Resistance: ₹1,572–₹1,573 (recent highs, marked in red) Next Major Resistance: ₹1,581 (historical supply zone) Trade Idea: Bias: Bullish – supported by trendline and rejection from lower support zones. Chart Observations: Trendline Support: Price continues to respect the ascending trendline, indicating potential for further upward momentum. Supply & Demand Zones: Red zones denote supply areas where price previously reversed. Blue zone represents a strong demand/equilibrium area, providing solid support. Candlestick Structure: Recent green candles signal buying pressure near support, suggesting that buyers are defending this level.
NSE:RELIANCELong
by IITian_Wizard
2
Advanced Hedging Techniques: Tools for Managing Financial RiskUnderstanding the Concept of Advanced Hedging Advanced hedging techniques go beyond one-to-one risk offsetting. They are designed to handle non-linear risks, multiple asset correlations, time decay, and tail-risk events. These methods often involve combinations of derivatives, dynamic adjustments, and quantitative models. The primary goal is not always to eliminate risk entirely, but to optimize the risk–return profile by reducing downside exposure while preserving upside potential. Options-Based Hedging Strategies One of the most widely used advanced hedging tools involves options strategies. Unlike futures, options provide asymmetric protection, meaning losses can be limited while gains remain open. Protective Put Strategy: Investors buy put options against an existing equity or portfolio position. This acts as insurance, setting a floor on potential losses during market downturns. Collar Strategy: This involves buying a put option and simultaneously selling a call option. The premium received from the call helps finance the put, making it a cost-effective hedge, though it caps upside potential. Ratio Spreads and Backspreads: These strategies hedge volatility risk by adjusting the ratio of long and short options, benefiting from sharp price movements in either direction. Such option-based hedges are particularly useful in managing event-driven risks such as earnings announcements, policy decisions, or geopolitical shocks. Delta and Gamma Hedging Delta hedging is a dynamic hedging technique primarily used by institutional traders and derivatives desks. Delta measures how much the price of an option changes relative to the underlying asset. In delta hedging, traders continuously adjust their positions in the underlying asset to maintain a delta-neutral portfolio. Gamma hedging goes a step further by managing the rate at which delta changes, especially important during periods of high volatility. These techniques require frequent rebalancing and advanced modeling but are highly effective in minimizing small price fluctuations’ impact on portfolios. Cross-Asset and Cross-Currency Hedging Modern portfolios often contain exposure across asset classes and geographies. Cross-hedging involves using a related but different asset to hedge risk when a direct hedge is unavailable or illiquid. For example, an investor holding Indian equities with global exposure may hedge using global indices or ETFs. Currency hedging uses forward contracts, currency swaps, or options to protect against adverse exchange rate movements. Advanced currency hedging becomes critical for multinational corporations managing foreign revenues, import costs, and overseas investments. Interest Rate and Credit Hedging Interest rate fluctuations can significantly affect bond portfolios, loans, and corporate balance sheets. Advanced tools used in this area include: Interest Rate Swaps: Converting floating-rate exposure into fixed-rate exposure (or vice versa) to stabilize cash flows. Swaptions: Options on swaps that provide flexibility to hedge future interest rate uncertainty. Credit Default Swaps (CDS): Used to hedge against default risk of bonds or loans by transferring credit risk to another party. These instruments are essential for banks, financial institutions, and companies with high leverage or long-term debt obligations. Volatility Hedging and Tail Risk Protection Volatility itself is a tradable and hedgeable risk factor. During market stress, volatility tends to spike, causing large portfolio drawdowns. VIX-based strategies allow investors to hedge equity portfolios against sudden volatility surges. Tail risk hedging focuses on protecting against rare but severe market crashes using deep out-of-the-money options or structured products. Although tail hedges can be expensive, they provide crucial protection during extreme market events, preserving capital and liquidity. Dynamic and Quantitative Hedging Models Advanced hedging increasingly relies on quantitative models and algorithms. These models dynamically adjust hedge ratios based on volatility, correlations, and market trends. Value-at-Risk (VaR) and Expected Shortfall models help determine the size and structure of hedges. Algorithmic hedging systems execute trades automatically to maintain optimal hedge efficiency. Such techniques reduce human bias and improve precision, especially in fast-moving markets. Corporate and Operational Hedging Beyond financial markets, advanced hedging is also applied to operational risks. Corporations hedge commodity prices, energy costs, and supply chain risks using customized derivative contracts. For example: Airlines hedge fuel prices using futures and swaps. Manufacturing firms hedge raw material costs to protect profit margins. These strategies ensure earnings stability and support long-term planning. Benefits and Limitations of Advanced Hedging Advanced hedging techniques offer several benefits, including reduced volatility, capital preservation, and improved predictability of returns. However, they also come with limitations such as higher costs, complexity, liquidity risk, and the need for continuous monitoring. Poorly designed hedges can sometimes amplify losses rather than reduce them. Conclusion Advanced hedging techniques are powerful tools for managing financial risk in today’s complex markets. By leveraging options, swaps, dynamic models, and cross-asset strategies, investors and institutions can protect portfolios against adverse movements while maintaining strategic flexibility. However, successful hedging requires deep market knowledge, disciplined execution, and ongoing evaluation. When used thoughtfully, advanced hedging transforms risk from a threat into a manageable and strategic component of long-term financial success.
NSE:RELIANCEEducation
by TechnicalExpress
Part 12 Trading Master Class Key Terminologies in Option Trading 1. Strike Price The price at which the buyer can exercise the option. 2. Premium The cost paid by the option buyer to the seller for the contract. 3. Expiry The date when the option contract expires (weekly/monthly). 4. In-the-Money (ITM) When the option has intrinsic value. CE is ITM if underlying > strike. PE is ITM if underlying < strike. 5. Out-of-the-Money (OTM) When the option has no intrinsic value. CE is OTM if underlying < strike. PE is OTM if underlying > strike. 6. Lot Size Options trade in fixed quantities called lots (e.g., NIFTY lot size = 50).
NSE:RELIANCEEducation
by SkyTradingZone
RELIANCE 1 Week Time Frame 📌 Current Price Snapshot RELIANCE.NS is trading around ~₹1,507 – ₹1,510 per share on NSE. 📉 Key Weekly Support Levels These are levels where price may find buying support on pullbacks: 🟩 Support 1: ~₹1,518 – ₹1,520 — near short‑term pivot support zone for the week. 🟩 Support 2: ~₹1,498 – ₹1,500 — next floor if sellers dominate early week. 🟩 Lower Support: ~₹1,479 – ₹1,480 — broader weekly downside reference. 👉 A weekly close above ₹1,518 would suggest short‑term stabilization before potential bounce. 📈 Key Weekly Resistance Levels Levels where upside may face selling pressure: 🔴 Resistance 1: ~₹1,555 – ₹1,560 — nearest upside hurdle. 🔴 Resistance 2: ~₹1,600 – ₹1,612 — mid‑week challenge zone (~52‑week area). 🔴 Higher Resistance: ~₹1,630 – ₹1,668 — stretch target if bullish momentum picks up. 👉 A weekly close above ~₹1,612–₹1,620 would signal stronger bullish bias and possible follow‑through to higher levels. 📊 Weekly Price Range Estimate Expected trading corridor for this week: 📉 Downside: ~₹1,498 – ₹1,500 📈 Upside: ~₹1,630 – ₹1,668 This range represents the key support and resistance boundaries traders may watch for breakouts or breakdowns during the week’s sessions.
NSE:RELIANCELong
by Knowledgehub
RELIANCE: Major Weekly Breakout & Long SetupTechnical Analysis Structure Breakout: The stock has successfully broken out above a key multi-month resistance level at 1592.30 (marked by the green horizontal line). This level previously acted as a significant supply zone, forming the rim of a potential bullish consolidation pattern (resembling a Cup & Handle or Rounding Bottom). Momentum: The recent weekly candles show strong bullish momentum, pushing through the resistance with conviction. The price is now sustaining above this breakout point, which validates the bullish thesis. Trend Continuation: After a period of correction and consolidation, the primary uptrend seems to be resuming. The Higher High (HH) formation on the weekly chart confirms the strength of buyers. Risk/Reward: The setup offers an excellent Risk-to-Reward ratio (approximately 1:3), making it a high-probability trade for positional traders. Trade Setup (Long) Entry Zone: 1592 - 1600 (On the retest or continuation above the breakout level) Stop Loss: 1509.15 (Placed below the breakout candle and recent swing structure to invalidate the thesis) Target: 1855.60 (Projected measured move based on the depth of the previous consolidation) Potential R:R: ~ 1:3.1 ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. I am not a SEBI registered analyst. Trading involves risk; please consult your financial advisor and conduct your own analysis before executing any trades.
NSE:RELIANCELong
by radHE_Capstone
Reliance Industries Ltd – 1D Chart Update || Pattern-DrivenTimeframe: Daily (1D) || Pattern: Cup & Handle (Bullish) LTP: ₹1,592 Reliance Industries is showing a classic Cup & Handle formation on the daily chart, indicating strong accumulation and a potential continuation of the prevailing uptrend. Price action remains constructive, supported by rising volumes and positive momentum indicators. Key Technical Levels: Support: ₹1,433 | ₹1,335 Resistance: ₹1,709 | ₹1,863 A sustained move above the handle breakout zone can open the door for further upside toward the mentioned resistance levels, while the supports act as crucial demand zones on any corrective pullback. Company & Sector Updates: Reliance continues to benefit from strength across its diversified businesses. The Oil-to-Chemicals segment is supported by favorable refining economics, while Jio and Retail remain long-term growth drivers. Strategic focus on technology, digital expansion, and new-age businesses like AI and FMCG strengthens the company’s future outlook. Market participants are also closely watching developments around value unlocking and upcoming strategic initiatives. View: Overall structure and fundamentals indicate a positive bias, with trend continuation likely as long as the stock holds above key support levels. For analysis of any stock, feel free to comment the stock name below. This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Market investments are subject to risk, and past performance does not guarantee future results. Please consult a SEBI-registered financial advisor before making any investment decisions. The author is not responsible for any losses arising from the use of this information.
NSE:RELIANCELong
by Madhumitha_Prabhu
Part 7 Trading Master Class Ability to Profit in Any Market Condition Unlike stocks, where you profit only when the price rises, options allow traders to profit from: ✔ Rising markets ✔ Falling markets ✔ Sideways markets ✔ High volatility ✔ Low volatility Different strategies are used depending on market conditions: Market Condition Option Strategy Uptrend Buy Calls, Bull Call Spread Downtrend Buy Puts, Bear Put Spread Sideways Iron Condor, Short Straddle, Short Strangle High Volatility Long Straddle, Long Strangle Low Volatility Short Straddle, Short Iron Condor This flexibility is a major reason why both retail and institutional traders use options heavily.
NSE:RELIANCEEducation
by SkyTradingZone
Divergence Secrets What Are Options? Options are financial contracts that give the buyer the right, but not the obligation, to buy or sell an asset (usually a stock or index) at a fixed price (called the strike price) before or on a specific date (the expiry). There are two types of options: Call Option – Right to buy Put Option – Right to sell The seller (writer) of the option has the obligation to honor the contract. Real-life Example If you think a stock will go up, you buy a Call Option. If you think it will go down, you buy a Put Option.
NSE:RELIANCEEducation
by SkyTradingZone
Reliance(1H) Tests the Zigzag RulebookFrom the 1581.30 high , RIL kicked off a clear corrective phase. The first leg down unfolded in a clean 5-wave impulse , with a sharp Wave 3. That decline bottomed near 1517.60 , marking Wave A. What followed is where things get interesting. The rebound since then has been overlapping, choppy — classic corrective behavior. This fits well as an internal (A)–(B)–(C) structure, with the current advance shaping up as a possible ending diagonal in Wave (C) , internally subdividing into three waves. For a zigzag to remain valid , Wave B must stay below the start of Wave A , which sits at 1581.30 . That level also acts as the hard invalidation / stop . With price currently hovering around 1576.60 , this setup is literally hanging by a thread. Two scenarios from here: If price rolls over and opens below 1581.30 , the risk-reward improves nicely, opening the door for a Wave C decline toward the support cluster near the Wave A low . If price pushes above 1581.30 , this entire zigzag thesis gets invalidated immediately . No debate,count gets invalidated. Bottom line: This is a conditional setup , not a blind short. Entry only makes sense if tomorrow’s price action stays below the invalidation level . Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:RELIANCEShort
by WaveXplorer
Part 10 Trade Like Institutions The Premium and How It Works To acquire an option, the buyer pays a premium to the seller (writer). Premium is determined by: underlying price strike price time to expiration volatility interest rates For buyers: Maximum loss = premium paid Potential profit = high, theoretically unlimited for calls For sellers (writers): Maximum profit = premium received Potential loss = very large or unlimited This imbalance is why selling options requires margin and expertise.
NSE:RELIANCEEducation
by SkyTradingZone
Part 1 Ride The Big MovesWhat Are Options? An option is a financial derivative contract that derives its value from an underlying asset such as a stock, index, commodity, or currency. The contract gives the buyer the right, but not the obligation, to buy or sell the underlying asset at a predetermined price, known as the strike price, on or before a specified date called the expiration date. The seller (or writer) of the option has the obligation to fulfill the contract if the buyer chooses to exercise the option. There are two main types of options: Call Options: Give the buyer the right to buy the underlying asset at the strike price. Put Options: Give the buyer the right to sell the underlying asset at the strike price. The buyer pays a price known as the premium to the seller for acquiring this right.
NSE:RELIANCEEducation
by SkyTradingZone