RELIANCE IS GOING ALL TIME HIGHas nifty is on 18300 and sudden reaction nifty it sector is bullish the trend on indian market is now to much bullish reliance is highest weighted on nifty 50 so this stock is to much important is this. there is gap also between 2675 to 2720 Longby Ankush_GaonkarUpdated 1
Buy Reliance28/11/2022 Buy Reliance @2660 Sl @2575 Target @2740-2820 Option Spread Buy @2660CE @70 Sell 2740 @38 Max loss @ 8000 Max Profit @ 17000 Margin @25000/- Longby Trade_With_Prakash0
Reliance near the trend line on 1D timeframeRELIANCE near the trend line. There can be an entry for Intra-day traders for both long and short position. For Swing traders, wait for the price action to be formed. Buy calls if you find a green candle breaking the trend line. First target can be 2672 ~ for swing traders and the second target can be ~2800 if the market sustains the momentum. For Intra-day traders you can short puts if you see a red candle tomorrow or go long if the trend line breaks in 1st hour of the session tomorrow. Cheers. Happy Trading...by bikramkeshari113
Reliance Long above 2630 - TGT - 2800 - SL - 2580NSE:RELIANCE Open Interest analysis: 1. Short covering is visible in Reliance. 2. 5 day OI change = -4% and price increase 1.3% Price action: 1. Risk reward ration 3.32 2. Breakout on daily timeframe chart above 2630-- patience: wait for Strong bullish engulfing candleLongby kamalsardana001114
RIL LongReliance Long only If sustain 2630 at least 30 mins,....If sustain 2630 then sure shot up side....2670 and then gap filling till 2710.....Also observer W pattern till all time high....If sustain above 2700 then fast moment will come (look at previous candles).....Longby sukumar7879112
Big Boy Reliance : +15-24% Upside Potential25 Nov 2022 Reliance Stock is hovering in the zone of 2500 +/-10% for the past 1 year, now showing some strength. In Play : HH-HL Summary - Stock bounced from the VAH zone - few weeks of low volume PB - TL likely BO - ATH is at 2856 Conclusion - CMP 2618 - Test position can be initiated on BO of TL(as of now BO may fail : Low Volume @ TL) - Rest Qty can be planned on RT of TL - Higher targets could be around • Short Term – 2757/2856/2928 • Long Term – 3038/3258(ATH @ 2856) need to see price action in the ATH zone to confirm higher targets Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai BharatLongby DhirajSinghBais28
Reliance Industries Daily TFCNH formation is under process in Reliance on daily TF. Can see 2680 if closes and sustains above 2632. 2680 is major resistance. Above this we can expect 2800-2815. SL 2526-2530 Longby ssshaktawat1
Reliance - Perfect example of WyckoffSee this chart, it's perfect example if someone wants to know basics of Wyckoff theoryby Bull-Master222
Reliance is at its Declined Trend line Support It's Short-Term Targets are 2679, 2783, 2859, 3170 in 3 to 5 months it is my personal view because it is entered in a new zone Please Comment about my idea and give your review, I have only 2 years experience so don't follow me blindly, do your own analysis also, it is my second post on TradingviewLongby josontechnologies10
Reliable Reliance Break out. Support. Retest. Go long. It’s Reliance again. Longby prajapatisandip19870
Investing is the ability to say "no" so that you can say "yes"Have a wonderful day, my dear friends! Let's get acquainted. My name is Capy. Someday I will tell you my stunning life story, and how fate has tied me to investing. I can't quite believe it myself sometimes... But that's not what today is about. Today I'm starting a series of posts to introduce you to my vision and strategy in the very multifaceted and insanely interesting topic of stock investing. Let's start by figuring out why you should be an investor? Many people think that investors are some kind of Wall Street wolves who trade stocks of companies and make unimaginable amounts of money on it. I'm sure there are those too. But, in fact, investing has long ceased to be the monopoly of the employees of banks, brokerage companies or big businessmen. Investing is available to absolutely everyone who plans their wealth and has the basic knowledge obtained at university. Or aspires to learn this indomitable beast. This is the reason I started this blog: to help everyone who wants to understand and share my ready-made strategy that you can apply in the process of investing. It's worth saying that every one of us has done the act of investing at least once in our lives, perhaps without even realizing it. For example, when placing money on a bank deposit (the well-known bank deposit), renting out real estate, opening a business or just learning. All these actions have one common formula: you give something away now in order to get it back in the future and, in addition, to make a profit. When you rent out an apartment, you cannot live in it because you have given it to other people to use. But when the lease expires, you'll get your apartment back, plus a profit in the form of the rent you've been receiving all that time. When you start a business, you put money into it so you can pay it back later through the proceeds. And, of course, you expect the returns to exceed the costs invested. When you invest in education, you plan to use what you have learned to achieve something, whether it's getting a job or enriching your inner world. It is the expectation of profit that is the main motivating factor for the investor and the main purpose of the investment. If you give someone an apple and they give it back to you after a while, that's not an investment. And if you give someone an apple, and after some time you get two apples back - you are already an investor, because you made a profit in the form of an additional apple. The upcoming series of posts will focus on one of the investment options - namely, investing in stocks of companies. I plan to teach you how to approach each trade wisely and in a measured way to keep you from engaging in short-term speculation that looks like a casino game. Going back to our formula, a stock investment is a transfer of your money to a particular company in exchange for a stake in its business. The purpose of these actions is to make a profit in the future from the sale of the shares (in the case of buying cheaper and selling higher), or the second option - to receive dividends. Dividends are when the company shares with you a portion of the profits in proportion to your share in the business. But we will focus on the first option to make a profit, that is "buy cheaper - sell more expensive". And the dividends to consider as a nice bonus to this strategy. I will publish a new post soon. Let's talk about approaches that will allow you to find funds for investment.Educationby Be_Capy118
Reliance is retesting the breakout Most likely it would hold the support of breakout line and move toward 2700+ until the 2495 (SL for equity segment) is intact. Target 2700+ in next 10-15 days as a Positional view. SL : 2545 See the chart for more details. Longby PriceWorksIndeed115
RELIANCE LOOKS WEAKReliance has broken the upward trend line and looks we are going to see down levels in coming sessions. Sell @ 2600 - 2610 with the SL of 2650. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team Shortby InvestPro_India9
Mota bhai-Inverse head and shoulderReliance could move towards 2800-3000 levels upon break of inverse head and shoulder pattern on daily time frame. This could correct for a few days to about 2550 levels but it should not close below that level.Nifty is at all time high and this has highest weight on the index so can correct for few days. If trades below 2550 on DCB then the trade should be closed. Keep a close watch on the price action. Few stocks to lead next rally could be Reliance, HDFC Bank, Kotak Bank and some of the IT names.Longby Chartworld14
RelianceReliance -RIL - facing confluence of resistance. Windfall tax causing damage? Will it break below 2500? Shortby Nifty-OptionIdeas1
Reliance case studyPrice action study on reliance 240 mins chart, from last 2 trading sessions counter is giving weak signals, rally started around 2300 levels in counter to level of 2640 counter is trading in ascending parallel channel structure and maintaining its posture around higher end of the structure,, now in last 2 sessions counter is giving reversal signals, bearish divergence on RSI with respect to price, resistance of major descending parallel channel around 2640 RSI indicator have already given breakdown from ascending trend line support, Now onwards any rally till levels of 2620-2630 should be used to exit your long position, view gets negated above 2671 levels on daiy closing basis, which means fresh investments only above 2671 levels, down side on counter breaks levels of 2583 decisively, counter will face heat of selling pressure which would lead to lower levels of 2520-2490-2450,, Time to be cautious on your investments in this counter, fresh investor should wait for counter to break above 2671 levels or retrace till 2450 levels than enter the trade. Choice is yours. by RUDRA007333
#RELIANCETarget 2620 based on shunted rise Opens higher within the candle body by krishnakhannaUpdated 2
Reliance Weekly & Daily Chart Reliance Weekly & Daily Chart ,Bullish Setup ,With Trendline and channels .Longby WinningBlueprints1
Reliance BullishReliance is out of the trend line on positive side. Look for a retest and move up side. If market opens positive, then may not retest. Longby firkovikna3
RELIANCE FALLING WEDGE PANNELReliance support 2600 round levels but you look falling wedge pannel create sell monday session by vk4473761