Reliance reliance complete downside 3 wave and again upside bounce wave 4 and again go seon wave 5 Longby HARISHRAO993
Reliance: Chart set up and trading strategyReliance We are looking at Daily chart of Reliance Industries Observations - 2420-2450 has the potential to act as resistance - One may also look at the Red Line of Resistance as potential supply zone - 2180-2220 has the potential to provide support to the stock - The Green Line of Support comes around 2163 Given the chart setup, My view : Rangebound between 2220-2450 My trading strategy: Short strangle strategy for Mar 2023 series Sell 29 Mar 2500 Call option & Sell 29 Mar 2200 Put option Understanding risk profile and reward potential The strategy has a profit potential of approximately 14.5% till 29 Mar 2023 on Margin requirement and has in built loss protection - for a fall up to 2142 on the downside and - for a rise up to 2558 on the upside Review points for me 2220 on the downside & 2450 /2485 on the upside The review points should give ample scope to adjust / exit in case view is getting invalidated. Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be by indiamarketoutlookUpdated 101017
RELIANCERELIANCE Entry Price 2425 Exit Price 2305 Target Price 2750-2850 Longby Intekhab-AlamUpdated 115
intradayyou can buy on breakout or you can sell at resistance depend on the candle both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading booksby hunterhunt7772
Triangle Pattern A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Reliance Time Frame = 1 Day by Jainshashwat1
RELIANCE | Ready to Blast ??> Reliance Industries > Cmp - 2385 > Good after trendline breakout > Volumes are good keep an eye on it Longby trade_with_Akshat8
#Reliance cash : Go long above 2412 in cash#Reliance cash -Positional trade 05.03.2023 Resistance zone at 2395-2410 levels Go long above 2412 Stoploss at 2370 Target 2455-60/2500 Cmp 2383 (Avoid buying before 2412 level)Longby anandnst1111
RELINCE relince cmp 2385 upside 2400 2483 dwnside 2369 all education purpose only by pranabmahato777224
Reliance Long TermHalf Bullish bat pattern formed in the previous swing. The demand zone is around 0.618 retracement zone (golden ratio)—prospective targets 0.5 and 0.618 retracement zones. Also, there is a trendline it is respecting as a resistance. Longby KunalSaxena10Updated 2
reliance break or back from 2300 ???2300 is major support. strong hammer near support indicated buyers want to push hard upside trend could be change to positive side. this above term will satisfy,if 2350 above green candle should formed we can easily check with tgt -2400\2600\2760 ============================================================== if 2200 break than wait for other one red candle follow with 2150\2000. *hammer from base strong indication for trend will be change negative to positive. tgt will set from support to resistance. also known as trend reversal setup ============================================================== if 2200 break than wait for other one red candle follow with 2150\2000. *education purpose only plz confirm their financial advisor before buy =thanks=by sharemarketgainUpdated 1
Reliance Stock Analysis (Short Term)(01-03-23)Reliance Stock Analysis (Short Term)(01-03-23) 2295-2305 is Important Daily Support For Reliance and also creating a Double Bottom Near Support. If Reliance Tests Support area today and Forms a Reversal Candle in Daily Timeframe, Good Opportunity to Build Long Near 2290-2300. Stop Loss is 2275 And Targets are 2366/2384. Since a Dynamic Trendline is holding Reliance Stock Downtrend near 2385, Book 80% Quantity near 2384 and TSL remaining 20% till 2460. Good RR which is almost 1:3 to 1:5.Longby n99tradesUpdated 115
Reliance Double Bottom & RSI DivergenceReliance has formed double bottom pattern on daily chart. While the RSI is making higher low which is clear sign of RSI Bullish Divergence. Entry We can go long on open of next candle. Target Target 1: We can keep our 1st target at the nearest resistance which will also the neckline of the W pattern as marked on chart. Target 2: Once the 1st target is achieved & price gives breakout above the neckline of the W pattern 2nd target will be the next resistance as marked on chart. Stoploss We can keep stoploss below the support zone. Please like & Follow me. Longby vt_trader6632
reliancepossible out come look for reversal sign 2 years of consolidation very complex structure Longby jaisalsingh3
Reliance Industries - Daily Time FrameSharp rejection from a retracement of 0.382 of the previous swing. It tested the trendline multiple times. Currently in the demand zone, if that is broken, we can see more downside—targets in the chart.by KunalSaxena103
intradayyou can buy on breakout or you can sell at resistance depend on the candle both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading booksby hunterhunt7770
LONG RELIANCELong Reliance Futures at current market price @ 2380 and Target Till 2500-2600 as 1st and 2nd target. Stop-loss - 2200. Longby Babujoseph77Updated 6
Reliance bearish viewReliance has been respecting the downward sloping trend line . Ideally it should go towards 2290 to grab the liquidity over there & re-test the trend line again. if the re-test fails to break the trend line then we can see a sharp 100 point drop towards the next liquidity point. P.S: this view is negated if Reliance breaks the downward sloping trend line .Shortby BharatAsani1
Reliance Showing Initial Sign Of Weakness!Reliance Showing Initial Sign Of Weakness Near ~ 2424, And Weak Volume Appears Hourly Chart. Sell Near ~ 2425, 2435, With Stop ~ 2451, For Target ~ 2330. Expected Target Feb Expiry.Shortby diceytradeUpdated 4
RELIANCE 15M TIMEFRAME On 15M timeframe Reliance industries Trading in the Channel. Looks a good price action. Trade at your own analysis too.by Bondff0
Reliance , any idea ?publishing herewith a question, with certain condition using month time frameby omvats15
ReliancePrice is consolidating in a narrow range. Buy above 2400 with the stop loss of 2370 for the targets 2430, 2470 and 2510. Sell below 2350 with the stop loss of 2380 for the targets 2320, 2280 and 2240.by vanathi16
intraday relianceboth side potential you can buy on breakout or you can sell at resistance avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading booksby hunterhunt7772