RELIANCEIn the Weekly Chart of RELIANCE, we can see that, after breaking the trendline, it has given a first pullback. We can 2200 levels again. This can make the NIFTY week. by JatinManani1
Reliance IndustriesReliance Industries LTD Sell below 2290 Target 2150 and 2000 sl 2420 Closing below 2290 will intiate a short trade for huge targets for short term Shortby jankur1680
Reliance Industries Stock Analysis Reliance Industries Stock Analysis Reliance Industries Stock created a Double Bottom in Daily & Hourly Timeframe and also trading at Important Weekly Support. 2310-2325 is a good Buy Level with 2295 as Stop Loss. Targets are 2387/2450/2469.Longby n99tradesUpdated 1313806
My precious-s-s-s EPSIn the previous post , we began looking at the Income statement that the company publishes for each quarter and year. The report contains important information about different types of profits : gross profit, operating income, pretax income, and net income. Net income can serve both as a source of further investment in the business and as a source of dividend payments to shareholders (of course, if a majority of shareholders vote to pay dividends). Now let's break down the types of stock on which dividends can be paid. There are only two: preferred stock and common stock . We know from my earlier post that a stock gives you the right to vote at a general meeting of shareholders, the right to receive dividends if the majority voted for them, and the right to part of the bankrupt company's assets if something is left after paying all debts to creditors. So, this is all about common stock. But sometimes a company, along with its common stock, also issues so-called preferred stock. What advantages do they have over common stock? - They give priority rights to receive dividends. That is, if shareholders have decided to pay dividends, the owners of preferred shares must receive dividends, but the owners of common shares may be deprived because of the same decision of the shareholders. - The company may provide for a fixed amount of dividend on preferred shares. That is, if the decision was made to pay a dividend, preferred stockholders will receive the fixed dividend that the company established when it issued the shares. - If the company goes bankrupt, the assets that remain after the debts are paid are distributed to the preferred shareholders first, and then to the common shareholders. In exchange for these privileges, the owners of such shares do not have the right to vote at the general meeting of shareholders. It should be said that preferred shares are not often issued, but they do exist in some companies. The specific rights of shareholders of preferred shares are prescribed in the founding documents of the company. Now back to the income statement. Earlier we looked at the concept of net income. Since most investments are made in common stock, it would be useful to know what net income would remain if dividends were paid on preferred stock (I remind you: this depends on the decision of the majority of common stockholders). To do this, the income statement has the following line item: - Net income available to common stockholders (Net income available to common stockholders = Net income - Dividends on preferred stock) When it is calculated, the amount of dividends on preferred stock is subtracted from net income. This is the profit that can be used to pay dividends on common stock. However, shareholders may decide not to pay dividends and use the profits to further develop and grow the company. If they do so, they are acting as true investors. I recall the investing formula from my earlier post : give something now to get more in the future . And so it is here. Instead of deciding to spend profits on dividends now, shareholders may decide to invest profits in the business and get more dividends in the future. Earnings per share or EPS is used to understand how much net income there is per share. EPS is calculated very simply. As you can guess, all you have to do is divide the net income for the common stock by its number: - EPS ( Earnings per share = Net income for common stock / Number of common shares issued). There is an even more accurate measure that I use in my analysis, which is EPS Diluted or Diluted earnings per share : - EPS Diluted ( Diluted earnings per share = Net income for common stock / (Number of common shares issued + Issuer stock options, etc.)). What does "diluted" earnings mean, and when does it occur? For example, to incentivize management to work efficiently, company executives may be offered bonuses not in monetary terms, but in shares that the company will issue in the future. In such a case, the staff would be interested in the stock price increase and would put more effort into achieving profit growth. These additional issues are called Employee stock options (or ESO ). Because the amount of these stock bonuses is known in advance, we can calculate diluted earnings per share. To do so, we divide the profit not by the current number of common shares already issued, but by the current number plus possible additional issues. Thus, this indicator shows a more accurate earnings-per-share figure, taking into account all dilutive factors. The value of EPS or EPS Diluted is so significant for investors that if it does not meet their expectations or, on the contrary, exceeds them, the market may experience significant fluctuations in the share price. Therefore, it is always important to keep an eye on the EPS value. In TradingView the EPS indicator as well as its forecasted value can be seen by clicking on the E button next to the timeline. We will continue to discuss this topic in the next publication. See you soon!Educationby Be_Capy4437
Reliance Industries > Reliance Industries > Good above 2392 > CMP - 2378 > Keep an eye on it Longby trade_with_AkshatUpdated 3
Reliance Long Trade Learnings and LogicHere's my trade review of a NSE:RELIANCE trade I recently took. Hope this helps and curious to hear your thoughts...05:13by MarketsWithKR0
RELIANCE: IMPULSIVE WAVEStock is rising in an impulsive manner on the lower degree time frame and is likely to form a five wave structure on the higher degree time frame which will be a base building for the next higher level. The current structure suggests that stock has already concluded its 3rd wave and currently retracing back in a wave-4 which is likely to conclude in the region of 2406 which is 38.2% retracement level. Buy 2410-2406 SL 2371 tgt: 2480/2520Longby TradingSutra13
Reliance - Important Level 2300Reliance is taking support from it previous resistance level of 2300. It is into consolidation from almost 4 months. We can see a good reversal from here. Weak below 2293 , Next Resistance 2500/2700 Longby PowerOfTAUpdated 14
RELIANCE IND IS AT BASE SUPPORTRELIANCE Industries is supposed to take support around 2300 level. Between 2275-2325, it has multiple support structure. It shows excellent Risk Reward ration.Longby GUNJAN_PANDITUpdated 1
Flag PatternIn the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern. Script = Reliance Time Frame = 15 minLongby Jainshashwat4
RELIANCE- THE MARKET MOVERNSE:RELIANCE Reliance is consolidating in a Channel(Channel is a pair of parallel lines ). Yesterday the price taken a support from the bottom of the channel and moved up. If if manage to remain above 2388 it can show a up move. Nifty is also standing at a resistance. Nifty cannot be positive without reliance. Buy above 2390 with a stop loss of 2365 Its my view not a recommendation. For educational purpose only.Longby amitcsfUpdated 0
RelianceReliance 1hr Dear Friends Reliance Opportunity For Swing Trading. Daily MACD Positive Crossover. 1hr Time Find Wedge pattern Breakout With Bulish Divergence.And Price Goes up And Price Comes At Major Previous Support And Fib Retrement 78% And make A Higer Low Now We Can Take Sl 2309 And If Price Goes Up So Good Bet For Bulish Side And Also BB Flat Now And Very Good R:R And Find ABC Stucture of 2nd Wave,Rsi Comes At Above 40 And Stochstic Pco Form Oversold. Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Longby SanjayBhochiya2080Updated 15
RELIANCE : PEAK is already Over : SELLMACD : DOWN Momentum : DOWN Confidence of Bulls Reducing SELLShortby batrashish225
RELIANCE is expected to reach 2420 in 2 hours chartAs per my analysis, Reliance reaches 2420 as per 2 hours chart. As per Daily chart,, if the value breaks 2300, then we can expect down trend upto 1800.Longby TanujaKUpdated 1
Reliance Weekly Time Frame AnalysisCurrent Trend: 1) moving in uptrend parallel channel and at bottom of parallel channel 2) MACD -Some weakness print in histogram. But confirmation not yet(cross over required) 3) at 0.786 level of support Once it breaks 1Hr Consolidation we can turn bullish on Reliance with First target of 2440 Target to be watch: Support : once this level is broken(2300) we can except Reliance turned bearish Resistance: First level of Resistance @ 2720 level . candle Formation: Doji at support followed by two Bullish candle.Longby satheeshSelvisubramanian0
Pennant PatternIn technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. Script = Reliance Time Frame = 15 minLongby Jainshashwat1
Reliance technical chart I would prefer to buy Reliance with a stop loss below the support lineLongby StockShiksha0
Bullish flag pattern breakout in RELIANCERELIANCE Key highlights: 💡⚡ ✅On 30Min Time Frame Stock Showing Breakout of Bullish flag Pattern . ✅ Strong Bullsih Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2415+. ✅Can Go short in this stock by placing a stop loss below 2325-. ✅breakout this can give risk:reward upto 1:4+.Longby TradZoo1132
Reliance forecast - 2558 possibleThis is possible forcasting and not a confirmed trade On a daily chart a bullish diamond formation is forming and yesterday an inverted candle has formed on charts indicating possible reversal. If this continues uptrend then 2558 target is possible in coming few weeks. SL is 2290 on closing basis. Longby Sandeepk31Updated 4
Circular patterns Publishing herewith my idea about circular patterns for education purpose i use these patterns in my everyday analysis and getting excellent results circular pattern helps me in finding the resistance and support levels in advance curve pattern is my friend i use it to find high growth trade and also a very quick trade up/down i mostly use it in 1 minute time frame to find a very fast trade, actually always in look for this pattern in every time frame OM VATS Educationby omvats1Updated 7
RELIANCE NEAR DEMAND ZONEReliance is consolidating near it's previous demand zone @ 2300 - 2250 and looking a good buy for a bounce. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team Longby InvestPro_India25
Reliance Industries Daily Reliance Industries stand at very crucial points. Good Consolidation seen. If Breakdown comes we can see good downside. by SPTradingDesk3