Reliance - Cup and Handle Overall Commodity cycle has started. RIL will benefit from it ! Cup & Handle Breakout at 2620 Levels SL 2350 Target : 2850-3100-3260++ Market leader as well as big heavy weight in INDEX.Longby Nimble_PesosUpdated 6
FALL EXPECTED IN RELIANCEReliance industries in trading in a channel and taking a short trend near upper channel with SL above the resistance zone has potential of giving good profits. Sell - 2750 - 2740 SL - 2800 Targets - 2635, 2585 Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy Trading! InvestPro India Shortby InvestPro_IndiaUpdated 8867
Reliance buying given at 2700 on 195 points get 3000 next TargetOn 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 hitby JaiPrakashShuklaHarmonicTrader1
Long Biggest Company In India - Reliance Industries Currently Reliance is at All time high close with Bull Flag pattern breakout. Ride the trend until it closes previous day low or Previous Market Structure of Technical levels Stoploss is Rs.2658 for futures. Long March futures and Buy 3000 Call option of Feb series - 2024.Longby Babujoseph772211
RELIANCE - W Pattern Dear Team , As per my Observation at Reliance Forming an W Pattern .. Must Trade and Invest on Your observations and Capital Capacity Thanks I am Not SEBI Registered .Longby AshutoshPratapSinghUpdated 5
RIL - a conditional buyThis Index giant is showing signs of breaking a channel. On daily chart, it has formed a rounding bottom. Whereas on technical indicator, RSI shows bullish trend for a medium term momentum. Any breakout above 2580 could bring further rally in the stock. Buy this stock if it sustains above 2580 on daily closing basis with at target of 2800 and a stop loss of 2445Longby surtijay19Updated 0
RELIANCE can make an up side move againReliance can give a nice swing or positional opportunity if it breaks and sustains above 2700 or one can buy again when it dips at 2660-2650 with STOPLOSS at 2630-2630 if bought on dip or 2650 if brought on break Target at 2790, 2830, 2850++ Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal viewLongby chaitanya1692Updated 3
Reliance sell given on 22 jan , 2660 Target hit, 2620, 2560 nextOn 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 hitby JaiPrakashShuklaHarmonicTrader3
Reliance good fall today as said yesterday 2660, 2550 next TargtOn 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 hitby JaiPrakashShuklaHarmonicTrader2
Reliance 2720 CE Jan expiry and Reliance PE 2700 jan expiry Result point of view trade setup, as market will be opened on 20 Jan 2024, Result effect will come in Reliance, so one can look for 2720 CE available at 45 and 2700 PE available at 35, so in this case, gap up or gap down will give profit, if no volatility came, then exit from the trade on cost to cost on 20 Jan 24. Please consult your financial advisor to initiate trade as this is for educational purposes.by ScienceBehindTheChart0
Reliance ready for 2800 +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 hitby JaiPrakashShuklaHarmonicTrader7
2700 put option and 2800 call optionResult trade set up, high flactuation in Reliance can be come due to result on 19 Jan 2023, so put option of 2700 at 24 and call option of 2800 at 25 can be bought, if 100 pts gap up or gap down happened, then the value of the options can go 100. If no gap up or gap down came, then minor loss can be booked. This is for educational purpose, please consult your financial advisor for guidance. Thanks. by ScienceBehindTheChart2
Reliance IndRelines may take resistance from nearby 2900 and support @ 2660. Keep Reliance Ind on radarLongby vaman19091
RELIANCE The Giant Is Ready To Reach 3000 Level-resistance breakout with high volume -support from lower trend -this giant was taking rest but now its ready to give profit -keep in radarLongby Marketik2
profitable Certainly! However, it's important to note that writing a profitable trading strategy requires careful consideration, testing, and validation. Pine Script is the scripting language used in TradingView for creating custom indicators and strategies. Here's a simple example of a Moving Average Crossover strategy in Pine Script: pinescript Copy code //@version=5 strategy("Moving Average Crossover", overlay=true) // Define input parameters fastLength = input(9, title="Fast MA Length") slowLength = input(21, title="Slow MA Length") src = close // Calculate moving averages fastMA = sma(src, fastLength) slowMA = sma(src, slowLength) // Plot moving averages plot(fastMA, color=color.blue, title="Fast MA") plot(slowMA, color=color.red, title="Slow MA") // Strategy logic longCondition = crossover(fastMA, slowMA) shortCondition = crossunder(fastMA, slowMA) // Execute strategy strategy.entry("Long", strategy.long, when=longCondition) strategy.entry("Short", strategy.short, when=shortCondition) This script defines a simple moving average crossover strategy. When the fast moving average (blue line) crosses above the slow moving average (red line), it triggers a long entry, and when the fast moving average crosses below the slow moving average, it triggers a short entry. This is a basic example, and you should thoroughly backtest and optimize any strategy before considering it for live trading. Remember, trading involves risk, and no strategy can guarantee profits. Always practice good risk management and consider seeking advice from financial professionals before engaging in live trading.by DipkalpBhatt2
RelianceGood move expected in reliance in coming days. Head and Shoulder pattern is seen in stock. Indicates bullish move.Longby akash_sarjerao1
RELIANCEWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..Longby Rvkachhadiya7
Reliance Industries Clean BreakoutNSE:RELIANCE has given a clean breakout and one can go long here. Keep Stop Loss at 2550. Long consolidation has ended, should continue with rally. The move here will also impact NSE:NIFTY positively.Longby jatin_agarwal2
Reliance Long After long consolidation its Head and Shoulder breakout pattern shown . Target 8 % Sl 3 % Analysis educational purpose Longby shirkehanmant77Updated 112
Multi year breakout in Reliance Multi year breakout in Reliance! With reliance, nifty is looking strong too! 🤩🚀Longby shubhamkothari0
Value creator has started its up trend.On of the most value creaters has started its up trend. Likely to strike at the red lines shown in the chart, Its ungoing 3 rd wave with in 3 rd wave seems to be extended one. i do expect it to reach other end of the channel and breaking it. But how soon that time will tell. Like this post if it helps you. follow me to get updates.Longby bijoy2526Updated 1124
Reliance Short Term TradeOn the daily chart, the stock had formed an inverse head and shoulders, and has been rising since then. (blue neckline marked on chart). The level of 2629 has been a temporary resistance after that (yellow horizontal line). Currently the stock broke through this resistance. There is a rising volume and atr on and after breakout Thus, there is a short term trade. tgt 2754, sl 2592 Longby zenni_10113
Breakout from inverse head&shoulder patternStock has breached previous all time high levels with breakout from inverse H&S pattern. Let’s watch touching levels of 3000 in upcoming days.Longby DEVA07113