Reliance IndBUY Reliance Ind from level 2471.. it will go upside.. Stop Loss 2440.. KEEP ENJOY Trading Trades....Longby Prashant0195
#Reliance AB=CD Pattern#Reliance AB=CD Pattern PRZ-2406-2362 CMP:2444.10 @ 16 Jan 2023Longby Harmonic_Pattrens9
RelianceBuy 2475 Exit 2430 Target As per Fibo Strong hammer formation at bottom with stochastic support.Longby Intekhab-AlamUpdated 4
RELIANCE 1DHammer Candle on Supply. Entry, Stoploss & Target already mentioned on Charts. Wish you Happy & safe Trading. Please Note: I am not SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before Trading or Investing. I'm not responsible for any kinds of your Profits & Losses. Longby everything_smc4
Reliance Pin bar in day chartReliance Pin bar found in Day chart. If price closes above todays high, then we can go for long. Longby call2rajesh0
Balance sheet: taking the first stepsToday we are going to start learning about fundamental analysis of companies. In my opinion, this is the basic skill you should have when picking stocks to invest in. Once again, the main principle of the strategy I follow is to pick outstanding companies and buy their stocks at a discounted price. You may have noticed that first-class products are occasionally discounted in stores, but not for long, because such products are quickly swept off the shelves, and almost the next day the price is again without a discount. Exactly the same strategy is applicable to the stock market. Now, fundamental analysis is a method for picking outstanding companies (that is, companies with strong fundamentals). How can we tell if a company has a strong foundation or not? There is only one way - by analyzing its financial statements. Every listed company has to disclose this information publicly on its website. In other words, we don't have to extract that information - it is publicly available. You can also find it on TradingView and see the data in dynamics. What is the content of this information? The company publishes three reports : balance sheet, income statement and cash flow statement. The balance sheet, like the order book , can be presented as an open book. The left side of the book lists the company's assets and their valuation in monetary terms, and the right side lists the company's liabilities and equity , and their valuation in monetary terms. What are company assets? These are everything that belongs to the company: buildings, equipment, trademark, shares of other companies, cash in the cash register. In general, all tangible and intangible property of a company are assets. What are liabilities and equity of a company? These are the sources of funds that gave rise to the assets. For example, if you bought a computer for $1000 with your savings, then the computer is an asset, and your own savings are equity. If a friend lent you $100, and you put the money in your pocket, the money in your pocket is an asset, and the debt to your friend is a liability. Based on these examples, you can make an imaginary balance sheet: As you can see, the entry in the balance sheet is the name of the asset, liability or equity and their monetary value. Assets, liabilities and equity are inextricably linked, so the sum of assets is always equal to the sum of liabilities and equity . If we were to write every asset in this way on the balance sheet of a large company, it would turn into an endless book of hundreds of pages. However, if we look at the balance sheets of huge corporations, they can fit on a single sheet of paper. This is due to the fact that over time invented to group the same type of balance sheet items. Let's look at how the company's balance sheet items are grouped: Don't be frightened. Now we will try to digest this table with the help of an example we are already familiar with. Let's think back to our master cobbler , specifically to the period when he was just starting out. Let's assume what exactly he had at that time: a garage, a table, a chair, a sewing machine, tools, a bag with leather and rubber, thread, a safe with money, a phone book with clients' contact information, a IOU from his friend, and oil company stocks. I have now listed the assets of our master, or should I say, of his workshop. I should note that what is listed here is exactly what is directly related to his business. Even the money in the safe, the debt from his friend, and the oil company shares came about because of the existence of the business. Let's say the master's apartment or the bicycle he rides in the park are not assets, because they don't belong to the workshop. They belong to the master, but not to his business. Let's categorize the workshop's assets into groups. There are two big groups: Current assets and Non-current assets . How should you distinguish them? The general rule is this: Current assets are what a company's product is made of, and what can turn into money in the near future, so they can be called quick assets . Non-current assets are where and with what we create the product, and what can turn into money not so soon (so they can be called long-term assets ). So, here we go: - A garage, a table, a chair are where we create a product, so a long-term (non-current) asset. - A sewing machine, tools - this is what we use to create a product - a long-term (non-current) asset. - A bag with leather and rubber and thread is what a product is made from - a quick (current) asset. - A safe with money is already real money - a quick (current) asset. - A phone book with customer numbers - it's hard to sell it to someone quickly, such assets are also called intangible assets and are placed in long-term (non-current) assets. - IOU from a friend, i.e. a friend bought boots from a master, but can pay only after receiving his salary - a quick (current) asset. - Shares of an oil company - let's assume that a customer once paid for the boots with them - a long-term (non-current) asset. So, we've just categorized the master's assets into two groups: current assets (quick assets) and non-current assets (long-term assets). In the next post, we'll break down the components of these two large groups. See you then!Editors' picksEducationby Be_Capy6657
Head and Shoulder -A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest. -A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal. -An inverse head and shoulders pattern predicts a bearish-to-bullish trend. -The neckline rests at the support or resistance lines, depending on the pattern direction. Script = Reliance Time Frame = 1 dayby Jainshashwat6
Reliance Short - Swing TradeReliance has broken the support were it made double bottom last week on daily timeframe. We can short reliance around 2471. Target at the next support zone which is at 2285. Stoploss will be at the high of breakdown candle at 2536.Shortby vt_trader1111
Buy Reliance if price crosses above 2580.Symmetric triangular pattern broke and 2580 resistance breaks go for buy. Target 2622. Can go for stock options. Note: All analysis are purely personnel. Kindly trade with your own analysis.Longby kalaignanamUpdated 2
Reliance Short Trade Setup!Rising Wedge Breakdown Negative For Long Term And Short Term, RSI Also Weak. Sell Positional With Stop ~ 2580, For Target ~ 2350. Expected Time Jan Expiry.Shortby diceytradeUpdated 11
weak setup in relianceweak setup in reliance stock making weak candles counter unable to sustain on higher zone pressure witnessed on higher levels can likely test 2350-70 zones again 2600 strong resistanceShortby pratik2358116
Double Top With DivergenceA double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs. Script = Reliance Time Frame = 15 minShortby Jainshashwat5
Reliance | Analysed on Multiple Parameter |Daily Chart - The stock given a mother triangle and hidden triangle breakout in daily time frame. Weekly Chart - The pricing movement in channel and left shoulder & head already formed and right shoulder structure is clearly visible. Technical Indicator: Bullish Candle closes above EMA 20, 50 and 200 with good volume. Disclaimer: The idea published for educational purpose only. Thanks - AJ Longby Indieconomic0
ReliancePrice has broken the trend line and now its consolidating. Buy above 2548 with the stop loss of 2534 for the targets 2562, 2580 and 2598. Sell below 2522 with the stop loss of 2536 for the targets 2506, 2488, 2474 and 2460.by vanathiUpdated 28
relianceReliance keep eye 2600 levels nifty 50 move upside when reliance break 2600 levels and sustainLongby vk447376Updated 5
History always repeat RIL 1d tfabove 2680 good buy for relaince for swing it have to move necessary beacuase its quarter result are coming in 2 weeks have take these stock on radar. by rahul-180
Risk Management trade in Reliance.Hi there! Let's talk about this small trade in Reliance. Reliance CMP:- 2524.05 -->From 30th sep to 1st Dec Reliance has formed HH and HL and was in Uptrend . -->Since then Price is in correction and approached 0.618 Fib level of that up wave. What's in my mind? -->If we observe the price action there is an untested demand zone at this 0.618 Fib area. -->If we observe the upper 2 arrows those mentioned candles and and their volumes saying that there was some distribution happened may be reason for this correction -->If we observe the bottom arrow that mentioned red candle with high volume is a support breakdow n and may be the stop losses of previous long trades What's my point? -->Even if price continues to move down I'm expecting a pull back before that and this Idea is actually trading that pull back. -->If my analysis goes wrong and price breaches this demand area I will exit with my stop loss and enter at next demand areas with new confirmations. Entry setup: Enter Long: 2480 Stop Loss : 2425 (70 rupees per share and one can plan their risk accordingly) Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES ***If you like my analysis let me know by giving boost or a comment. I will be updating. Longby Mo-KriUpdated 116
Reliance W pattern breakout Can become a positional trade if the resistance is taken out so after target is reached booking half quantity and trailing remaining can be done. for risky traders enter now or on any dip for safe traders enter after the level is sustained we are not SEBI registered and this is only for educational purpose and not a buy or sell call. Longby shangray20090
RELIANCE CHART ANYLYSISReliance Chart Anylysis, Reliance after falling from there Supply Zone get support woth volume from its previpus Supportby MrRisk_Manager3
Opening wait for 15mintues2510 looks too strong.. It takes reverse from here target should be 2570.. only for analysis basis.. try it on your own script by letsworktogether77224
relianceReliance not reach its support see levels okh nifty wiil down more,okhShortby vk447376Updated 4
Reliance Chart Anylysis for TomorrowReliance Chart Anylysis for Tomorrow I think it will fall sharply let see for tomorrowby MrRisk_Manager0