Reliance and patternPublishing herewith my idea about reliance using multiple time frame will add some more graphics in comment section by omvats1Updated 112
Reliance case studyDemand zone as per previous swing high and low Support as per ascending trend line Descending parallel channel support Confluence of all support zone at same point.Longby RUDRA007Updated 4
Reliance Deep Crab HarmonicReliance is forming deep cra harmonic pattern near 2180-2190 zone.. can go long after a bullish candle.. Targets 2280 2335 Stop loss 2160 2140Longby guptamani3105Updated 7741
Reliance just want to know community opinion about two time frames(day/month), which will win?by omvats1Updated 2
Reliance buy CMP 2248 Target 2300-2335- 2380- 2400- 2430-2480+Reliance buy CMP 2248 Target 2300-2335- 2380- 2400- 2430-2480+Longby Bilal_KaziUpdated 4
BUY RELIANCE | RISK REWARD LOOKS GOODReliance is trading near it's support zone and expecting a bounce from this zone towards marked target on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team Longby InvestPro_IndiaUpdated 3315
RELIANCE DOUBLE BOTTOM BREAKOUTRELIANCE breaking out from double bottom good volume breaking 20ema target can be 2450 educational idea onlyLongby NeetikaSri1
reliance wave analysis for long this stock get some retracement and get boost if it is happened parallelly nifty 50 also move in same manner S O , Traders you can login two options at a time for long look at this idea. Longby sivanagaraju850111
RelianceGartley Harmonic Pattern has activated in Reliance in 2H timeframe. Potential Reversal Zone according to the said structure appears in the zone of 2366-90. Let's see.Shortby ThatLadyTrader0
Reliance breaking out of W patternReliance has created W pattern, can it reach to previous resistance of 2422? Fingers crossed. This is my analysis. Do your own. This is not recommendation.Longby Nikunj250
RELIANCE - CHANCE OF GETTING REVERSE AT 2350-2360 LEVELHI, Reliance is moving on 'c' wave as per wave analyasis. Presently it is showing that the 4th minor wave of the ''C' wave is in progress which would reach at 2360 where it may find a resistance and from there it may come down to start a final wave i.e. 5th minor wave of the 'C' wave. If that happens it may go below 2060 to start a new bull cycle if it doesn't go into double correction. That levels we can check once it finishes it's 5th minor wave of the 'C' wave.by rajeshsankpal110
Is it end of complexity?Reliance has under gone complex correction after it had a spectacular rise in five wave which was terminated in october 21(2751) after that though this high was crossed in april 2022(2856) and nov 2022(2755) ,in both the occasion the break out could not sustain. in nov 2022 x wave was terminated at the start of wave a as shown in the chart, and now recently y wave was terminated at the end of wave a. it appears its correction has ended,it is observed y wave has desired fibonnacci projection of x wave(not shown in the chart). The recent rally seems to be impulsive in lower time frame. we have to watch as it appears its correction is over. first we should look for break out of the channel to prove its impulsiveness. just ignore 1 and 2 letters written in white that is for my convinience, we should here look for a impulsive move being developed which should be confirmed by the break out of the channel. Longby bijoy25262
Reliance- SwingLook at the reversal candle stick pattern formed in Reliance. With nifty and Banknifty shiport term Trend changed looking to long Reliance. With Target of 2460 with April series.Longby Stockiist1
Buy on dip Double bottom pattern breakout in RELIANCE Buy on dip Keep SL below swing lowLongby vinodhvinayan111
Reliance could drop to a position 2290 levels it is evident that reliance is completed its wave 3 ( minor degree) the minor wave 3 ( minor degree) it self is contained five sub waves ( minuet degree) completed now wave 4 (minor degree) is in progress , according to EWP wave 4 correction could end near or at levels of sub wave 4 (minuet degree) of preceding wave 3 ( minor degree) witch is at or near the levels of 2290 wich is also 38.2% level of retracement of wave 3 ( minor degree)Shortby Osurikiran2
RELIANCEReliance is approaching towards March 2022's lows of 2180 which happens to be very strong & last support for Reliance. If Indexes & Reliance had to bottom then 2180 (Reliance) 16745(Nifty) are strong levels. Also, Reliance & Indexes are extremely oversold. Could be bought with strict stoploss of 2175 & postional targets (if market bottoms here then) 2454 Risk:Rewaed in favour of bulls.Longby TORTOISE_MSUpdated 2
What can financial ratios tell us?In the previous post we learned what financial ratios are. These are ratios of various indicators from financial statements that help us draw conclusions about the fundamental strength of a company and its investment attractiveness. In the same post, I listed the financial ratios that I use in my strategy, with formulas for their calculations. Now let's take apart each of them and try to understand what they can tell us. - Diluted EPS . Some time ago I have already told about the essence of this indicator. I would like to add that this is the most influential indicator on the stock market. Financial analysts of investment companies literally compete in forecasts, what will be EPS in forthcoming reports of the company. If they agree that EPS will be positive, but what actually happens is that it is negative, the stock price may fall quite dramatically. Conversely, if EPS comes out above expectations - the stock is likely to rise strongly during the coverage period. - Price to Diluted EPS ratio . This is perhaps the best-known financial ratio for evaluating a company's investment appeal. It gives you an idea of how many years your investment in a stock will pay off if the current EPS is maintained. I have a particular take on this ratio, so I plan to devote a separate publication to it. - Gross margin, % . This is the size of the markup to the cost of the company's product (service) or, in other words, margin . It is impossible to say that small margin is bad, and large - good. Different companies may have different margins. Some sell millions of products by small margins and some sell thousands by large margins. And both of those companies may have the same gross margins. However, my preference is for those companies whose margins grow over time. This means that either the prices of the company's products (services) are going up, or the company is cutting production costs. - Operating expense ratio . This ratio is a great indicator of management's ability to manage a company's expenses. If the revenue increases and this ratio decreases, it means that the management is skillfully optimizing the operating expenses. If it is the other way around, shareholders should wonder how well management is handling current affairs. - ROE, % is a ratio reflecting the efficiency of a company's equity performance. If a company earned 5% of its equity, i.e. ROE = 5%, and the bank deposit rate = 7%, then shareholders have a reasonable question: why invest equity in business development, if it can be placed in a bank deposit and get more, without expending extra effort? In other words, ROE, % reflects the return on invested equity. If it is growing, it is definitely a positive factor for the company and the shareholders. - Days payable . This financial ratio is an excellent indicator of the solvency of the company. We can say that it is the number of days it will take the company to pay all debts to suppliers from its revenue. If the number of days is relatively small, it means that the company has no delays in paying for supplies and therefore no money problems. I consider less than 30 days to be acceptable, but over 90 days is critical. - Days sales outstanding . I already mentioned in my previous posts that when a company is having a bad sales situation, it may even sell its products on credit. Such debts accumulate in accounts receivable. Obviously, large accounts receivable are a risk for the company, because the debts may simply not be paid back. For ease of control over this indicator, they invented such a financial ratio as "Days sales outstanding". We can say that this is the number of days it will take the company to earn revenue equivalent to the accounts receivable. It's one thing if the receivables are 365 daily revenue and another if it's only 10 daily revenue. Like the previous ratio: less than 30 days is acceptable to me, but over 90 days is critical. - Inventory to revenue ratio . This is the amount of inventory in relation to revenue. Since inventory includes not only raw materials but also unsold products, this ratio can indicate sales problems. The more inventory a company has in relation to revenue, the worse it is. A ratio below 0.25 is acceptable to me; a ratio above 0.5 indicates that there are problems with sales. - Current ratio . This is the ratio of current assets to current liabilities. Remember, we said that current assets are easier and faster to sell than non-current, so they are also called quick assets. In the event of a crisis and lack of profit in the company, quick assets can be an excellent help to make payments on debts and settlements with suppliers. After all, they can be sold quickly enough to pay off these liabilities. To understand the size of this "safety cushion", the current ratio is calculated. The larger it is, the better. For me, a suitable current ratio is 2 or higher. But below 1 it does not suit me. - Interest coverage . We already know that loans play an important role in a company's operations. However, I am convinced that this role should not be the main one. If a company spends all of its profits to pay interest on loans, it is working for the bank, not for the shareholders. To find out how tangible interest on loans is for the company, the "Interest coverage" ratio was invented. According to the income statement, interest on loans is paid out of operating income. So if we divide the operating income by this interest, we get this ratio. It shows us how many times more the company earns than it spends on debt service. To me, the acceptable coverage ratio should be above 6, and below 3 is weak. - Debt to revenue ratio . This is a useful ratio that shows the overall picture of the company's debt situation. It can be interpreted the following way: it shows how much revenue should be earned in order to close all the debts. A debt to revenue ratio of less than 0.5 is positive. It means that half (or even less) of the annual revenue will be enough to close the debt. A debt to revenue ratio higher than 1 is considered a serious problem since the company does not even have enough annual revenue to pay off all of its debts. So, the financial ratios greatly simplify the process of fundamental analysis, because they allow you to quickly draw conclusions about the financial condition of the company, without looking up and down at its statements. You just look at ratios of key indicators and draw conclusions. In the next post, I will tell you about the king of all financial ratios - the Price to Diluted EPS ratio, or simply P/E. See you soon!Educationby Be_Capy3
31st March || RELIANCE- Intraday Targets Marked #stocks #targetsAnalysis Criteria Used: The analysis for the Intraday Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it #sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange DISCLAIMER: *This is NOT a Tip OR a Recommendation but an analysis for Educational purposes Only ** Please do your own research and/or contact your financial advisor before taking any trading opportunities *** We will not be responsible for your profit or loss **** We are NOT SEBI REGISTERED ______________________ best stocks to buy today best stocks to buy now best stocks to buy best stocks for Intraday tomorrow best stocks for long term investment best stocks to buy today india best stocks for swing trading swing trading strategies swing trading beginners what is swing trading swing trading stocks swing trading stock selection swing trading kya hai nifty analysis nifty view bank nifty analysis top stocks to buy now strong stocks nifty view nifty prediction stock market view tomorrow bank nifty Levels bank nifty prediction share news stock market news best stocks to buy now profit booking stocks multibagger stocks in discount breakout stocks best short term stocks best short term shares next multibagger stocksby TradeRyteStockz1
RelianceAfter long time the stock has come near lower range of BB. It may be bought with small quantity if purchased for trading. Otherwise it is good level for long term accumulation. 1750 can be kept as SL for long term investor. Long term means more than 3 years minimum. For trading buy small quantity with 3% SL. If turns favorable then add else take SLby YS90
#Reliance Price Action Analysis Stock bounced back from its demand zone or say crucial support in weekly TF, watch out level for further trade.Longby subbu_19152
Reliance weekly TF analysis (March 29)current Trend: Double Bottom with morning star formation (need to wait it end of week for confirmation) Two possibility: 1) reverse from this trend line support (it consider as false break out from parallel channel and has high chance to reach top of parallel channel(ST as of now) 2) if it breaks(major trend line is broken) it has protentional to reach 2000 level Indicator: 1) 35 RSI is reversal point for Reliance in long term basics 2) MACD -Slight weakness found in histogram Longby satheeshSelvisubramanian0
#Reliance downtrend movement with risk:reward 4#Reliance downtrend movement with risk:reward 4 Symbol: Reliance Time frame :4-hours chart Analysis breakout from the symmetrical Triangle Downtrend Movement Checked the conditions for moving average, RSI and volume Sell at 2196 with this stop loss 2295 and target 1830 HOPE our analysis is adding value to your Stock market trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading #stockmarket, #sensex, #bse, #sharemarket, #nse #relianceShort02:00by TanujaK2
Great time to long RELIANCESupport Level at 2190 Daily Chart: Formation of Bullish Harami RSI at 40 Golden Crossover between RSI and SMA Price near lower Bollinger Band Weekly Chart: Formation of Morning Star Price near lower Bollinger Band Monthly Chart: Price near lower Bollinger BandLongby sumitbaradaos60