reliance (day chart)date 03.05.2024
reliance has given breakdown of diamond pattern after topping out at 261%
don't be in a hurry to buy
RELIN trade ideas
Reliance trying to give a B.OReliance trying to give a break out with a decent stoploss for good targets
ENTRY- 2955
STOPLOSS -2930
TARGET - 3000, 3050, 3100++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
Reliance will decide the nifty course.what you see and what you feel ?
what you see impotant.
as shown in the chart it is in 3 rd wave.
Of course retraced 23.6 percent of it.
in some cases when 3 rd wave is extended it can retrace 23.6 percent.
It seems here it is extended here,
Normally 4 th wave retraces 38.6 percent of 3 rd wave.
Its result is tomorrow.In case of good result it can lift nifty along with it.
I am not predicting here any thing,but its uptrend still left.
so many noises during result days better to wait to see how it is performing
on that day(tuesday)Please go through my earlier post of reliance.
if this post helps you like it.
follow me to get updates.
GIANT READY TO MOVE.NSE:RELIANCE is ready to MOVE. Closing outside this zone will drive the way ahead. New Jio plan is out, results are already there. Expecting a positive move from here.
Flag formed and breakout at 2600+ #FRESHVIEW DT 27.04.2024
#RELIANCE INDS CMP 2905+
Monthly Chart
Expanding triangle support at 2300+
Flag formed and breakout at 2600+
Price Momentum
2780-2860-2950-3080-3240-3420-3600+4000
I hope for the best
Stay Connected.
#TEJGYAN
******* RELIANCE BUY CALLS ******Reliance is done correcting. From monday its gonna send again. Dont miss this run, gonna be epic. Reliance results also good. Everything bullish
Chart mega bullish
Reliance Long Technical Analysis of Reliance Industries
View Expressed are Personal only.
Reliance bouncing from 20EMA on daily time frame, Can touch R2 resistance in near term.
Can go long with Small SL below 25th april Day low.
VERY VERY BULLISH RELIANCELong and hold, reverse crash coming. Results great, chart ready to send. Nifty also ready with banknifty for a big rally.
Reliance stock analysisstock showing sideways range..9 days ema range is 2890 and reliance Q4 results net profit fall 2% YoY to rs 18951 crore,yet beats estimates
Reliance buy on dip 3025 -3050 upside Target On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Reliance(INDIA) projection for coming days(21-04-2024)I have prepared the analysis for reliance and considered recent trend, Chart pattern & Gann methods. On the upside first target will be 2900(First green line) And then if it continues then 2nd target(2nd green line with green apple). Stop loss with be 2963.
This analysis is for study purpose not a recommendation.
Reliance is set to make new HighHi
Reliance is set to make new high . The CMP is 2962. It is making bullish cup and handle pattern on daily chart. The swing target would be around 3100.
It is not recommendation. only personal opinion.
Reliance industries is about to sendLong consolidation has come to an end.
Bjp first win in Gujarat.
Strong support established.
Long and just hold.
Stoploss under 2800. Almost impossible to hit.
Ahead of Q4 Result - RelianceReliance Is going to Announce it's Q4 Result today after market on 22 April 2024 but ahead of it when we look at the chart of Reliance we can see there is positivity and it may open or touch 3000 levels and very soon we can see level of 3100.
Disclaimer - Investment and Trading is Subject to Market Risk
Reliance (day chart)Results today, a Nifty major
watch cloud + channel breakout - longs
pitchfork & fibo levels breakdown - shorts
Reliance buy on dip we can see fresh All time high On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Reliance could fall after breaking the chart patternReliance is showing signs of distribution and once chart pattern is broken good fall could be possible
ReliancePrice is testing the trend line now. Nearest resistance is at 2960 zone. Price have to break it with volume to continue the uptrend.
Buy above 2945 with the stop loss of 2930 for the targets 2959, 2978, 2996 and 3012.
Sell below 2906 with the stop loss of 2920 for the targets 2886, 2871 and 2852.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
RELIANCE FOR SHORT TERM SWINGReliance Industries is making continuous Higher-Highs on higher timeframes. So it is very obvious that we can see a new ATH above 3050 (exact current ATH is 3025, but we are taking some buffer as it is one of the most manipulated high beta stock). Target is calculated using the ABCD pattern of Harmonics. Once price tries to break the current ATH, shift to 15 min timeframe and wait for a retracement for entry.
RELIANCE INDS - INDIADaily chart.
Detection of a double TOP, with height reporting.
The target would be the 50% Fibonacci.
Make up your mind before placing an order.
► Please boost, comment, subscribe!
RELIANCE INDUSTRIES FOR INTRADAY 10.04.2024Track Reliance above 2958 for Intraday today. Target is calculated using XABCD pattern of Harmonics. Entry can be made if a 1 min candle closes above 2958.50.
Reliance Industries - How to trade on 10-04-2025
Please read the notes as mentioned on the chart.
Disclaimer: I am not a registered analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
