24/01/2025 Reliance ON Big Support LineRelince Is Big Support line .This line 9 time respet relince. Today Relince trade near this line. If Brekdown this big trend line then Nifty also down for market carection by Trend-My-Friend1115
Reliance Industries fall is not overIf you refer the chart of Reliance Industries, its in impluse move which is Just wave 1 of the Zig-zag and we are about to complete wave 5 after this expect A-B-C move which we can use to our advantage and make some profit. Post that one more correction to complete the 5-3-5 Zigzag and then we can see a long trend. Disclaimer: I am not SEBI registered member, these ideas are for strictly educational purpose only, please do your own analysis and take a call. by swapsachinUpdated 2212
Short opportunity on Reliance Indu.Study and Analysis Perspective 📈 Opportunity Overview: There appears to be a short-term bullish trend developing in Reliance Industries' stock, presenting a potential opportunity for traders and investors over the next 1-3 days. This window could align with technical, market, or news-driven factors. Technical Indicators to Watch: Price Action Risk Management Tips: Set Stop-Loss: Keep a strict stop-loss to protect against unexpected downturns. Target Profit: Define a profit target to secure gains within the 1-3 day window. Position Sizing: Avoid over-leveraging; allocate capital wisely based on your portfolio. Longby apstockanalysis8
Reliance Industries: Key Levels to Watch Amid Channel Breakdown Reliance Industries (RIL) is currently trading within a critical zone that could determine its short- to medium-term direction. Here's a breakdown of the key observations: Ascending Channel Breakdown Risk: The stock has been respecting an ascending channel on the weekly chart. However, it is now testing the lower boundary of this channel, indicating potential weakness. Support Levels: Immediate support is seen at ₹1,200, which aligns with historical consolidation. A breakdown below ₹1,200 could open the doors to ₹1,100, which is the next significant support. Resistance Levels: On the upside, ₹1,325 is a critical resistance level. A breakout above ₹1,325 may lead to a rally toward ₹1,500, which is the next target based on historical price action and the upper range of the channel. Likely Consolidation: The stock might hover within the ₹1,200–₹1,325 range for a few weeks, allowing the market to decide its next direction. Indicators: The RSI on the weekly chart shows signs of a potential reversal but remains in a neutral zone, indicating indecision.by VeerappaKaujageri5
Reliance Support and Resistance Zones for Swing Trading Reliance Chart Analysis & Short term & Long Term Targets Support Levels Reliance Industries has a major support around ₹1200. The stock has taken support at this level twice. If it takes support here again, pay attention to the weekly candle closing. If the stock dips below ₹1200 during the budget time, wait for the price to close above ₹1200 again. Reliance Industries' extended support is around ₹1150. If Nifty comes near the 20,000 mark, Reliance may reach its second major support level near ₹1000. Resistance Levels The resistance for Reliance stock is at ₹1320. The major resistance is at ₹1620. Whenever the stock closes above this level on a weekly candle, the stock may witness a further rally. Reliance Trading and Investment Opportunities Short-Term Trading: Keep the ₹1200 and ₹1150 levels in mind to take a Long Position. The first short-term target is ₹1450. Trade with a stop-loss and a proper entry-exit plan. Long-Term Investors For long-term investors, this is also a good opportunity. Alternatively, you can wait for the upcoming budget. If the stock breaks its all-time high, there could be significant targets in the future. Longby manojshinde274
reliance at a very important junction posting herewith multi time frame pattern analysis of the Reliance reliance is following a triangular pattern trying to take the support at the low of it in monthly time frame please go through all the graphics showing reliance progress in different time frames, also find important 12M and monthly levels for the reliance hope you will like it , if, you have any query u can make a comment in the comment section thanks by omvats112
SWING TRADE (OBSERVATION) - RELIANCE INDUSTRIESScript is showing breakout from trendline after retest on prominent support area (parallel channel) as shown , if momentum continues may head to higher resistance area of 1320 Longby CompoundingWithSwingNSESTOCKSUpdated 3
Reliance looking promising for Some BounceIf Reliance Continues to sustain above 1245, then it may test 1330 1360 levels.. Rationale Out of Bearish Channel Bullish Divergence on RSI Near Weekly Monthly Quarterly Support. Trying to form higher highs.. at 0.78 Fib Retracement of the Fib retracement drawn Buy above 1255 SL below 1215 Target 1315 1330 1360 by DrAnandMUpdated 11
Can RELIANCE be accumulated at the Current Market Price(CMP) ?Reliance: Bullish Potential Above Monthly Trendline! 🚀 If Reliance closes above the trendline on the monthly timeframe, it signals a strong buying opportunity for accumulation. Watch closely for confirmation! "Reliance: Technicals Indicate Strength, But Patience is Key!" "The chart is technically looking good; As one can see price is forming a Ascending channel pattern. However, it's essential to wait for the monthly candle to close above the trendline before taking action. Patience remains the cornerstone of successful investing and trading. Stay disciplined and wait for confirmation!" > Premature entries can lead to unnecessary risks. >Always prioritize confirmation over anticipation by Pratik_BarchhaUpdated 10
Reliance Industries ltd - Finally sign of reversal!The current price action suggests that the market has reached a potential bottom, characterized by a reversal from a previous downtrend. This shift is confirmed as the price breaks upwards, moving decisively past a phase of consolidation or uncertainty. The Diamond Bottom pattern , a notable reversal formation, typically emerges after a sustained downtrend. Initially, the price action expands, forming higher highs and lower lows, creating a broad, widening shape. This phase indicates increased volatility and uncertainty in the market. As the pattern progresses, the trading range begins to contract, signifying a shift in market sentiment. The highs cease to climb, peaking out, while the lows start to rise, indicating a potential buildup of bullish momentum. The critical point in this pattern is the breakout above the narrowing boundary lines of the diamond. This upward breakout serves as a strong signal of a trend reversal, marking the transition from a downtrend to a new upward trajectory. Such a breakout often leads to a sustained bullish trend, supported by renewed buying interest and positive market sentiment. This reversal can be a significant opportunity for traders to capitalize on the shift in market direction. Other Positive Things [ b]ABC pattern seems to be complete as there is divergence in MACD , after which price to move at-least min 38.2% to 61.8% of Fibo levels DMI in verge of moving positive direction PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. by hardeepssethi12
Reliance Inds cmp 1252.50 by Daily Chart viewReliance Inds cmp 1252.50 by Daily Chart view - Price Band 1165 to 1185 Support Zone - Resistance Zone 1250 to 1280 Price Bandby PIYUSHCHAVDA4
Reliance Industries Ltd AnalysisReliance Industries Limited (RIL) is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra. Founded in 1958 by Dhirubhai Ambani as Reliance Commercial Corporation, it has evolved from a small trading firm into India's largest private-sector corporation. **Business Segments:** - **Energy and Petrochemicals:** RIL operates the world's largest refining complex in Jamnagar, Gujarat, and is a leading player in petrochemicals, producing a wide range of products. - **Retail:** Reliance Retail is India's largest retailer, offering diverse products from groceries to electronics. As of Q3 FY2025, it serves a registered customer base of 338 million. - **Telecommunications and Digital Services:** Through Jio Platforms, RIL has transformed India's digital landscape, providing affordable 4G services and expanding into various digital applications. As of Q3 FY2025, Jio boasts 482.1 million subscribers. - **New Energy Initiatives:** RIL is investing ₹75,000 crore (US$10 billion) in the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar to establish giga factories for solar panels, energy storage, and green hydrogen production. The first phase includes a 20 GW solar photovoltaic module factory expected to be completed by 2023. **Financial Highlights:** - RIL is India's largest and most profitable private sector company, with a market capitalization of ₹20,14,011 crore (US$241.5 billion) for FY2023-24. - It is the country's largest taxpayer, contributing ₹1,86,440 crore (US$22.4 billion) to the national exchequer in FY2023-24. **Leadership:** - Mukesh Ambani serves as the Chairman and Managing Director of RIL. Under his leadership, the company has diversified into various sectors, including telecommunications and retail. **Recent Developments:** - In August 2024, RIL announced that its new energy business is projected to be as profitable as its oil-to-chemicals segment within 5-7 years, highlighting the company's strategic shift towards sustainable energy. - Despite a booming IPO market in India, RIL has shown no urgency in listing its retail and telecom units, focusing instead on expanding its ventures in renewable energy and digital services. Reliance Industries continues to play a pivotal role in India's economic growth, aligning its business strategies with national priorities and global sustainability trends. 08:12by TheGoldenFarmsofEquity0
Reliance Simple orb strategy with volume...i will buy above the blue line price close near EOD 3:25pm...sl below red line.... target after triggered 150points Not valid if the candle close below red line price EOD I'm not a SEBI registered Just my view Not a call educational purpose only Longby RAMKUMMAR2
Updated idea on reliance industriesPlease check this updated analysis on reliance industries May expect Short sell around 61.8Shortby akash9003283
RELIANCE Buy Set Up!!! The price is approaching a critical support zone around ₹1,258, aligned with a long-term trendline. This confluence of trendline support and historical price action creates a strong potential reversal area. If the price holds this zone, a bullish move towards ₹1,522 (+21%) could be expected over the next 148 days. 📈 Key Levels: - Support: ₹1,258 - Resistance: ₹1,522 - Current Price: ₹1,241.90 ✅ Potential bullish setup with risk-reward favoring a bounce from support. *Disclaimer: This is for educational purposes only, not financial advice.*Longby Shivam_Mandrai33
Reliance Industries Ltd view for Intraday 11th Jan #RELIANCE Reliance Industries Ltd view for Intraday 11th Jan #RELIANCE Resistance 1270 Watching above 1273 for upside movement... Support area 1240 Below 1260 ignoring upside momentum for intraday Watching below 1238 or downside movement... Above 1250 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown3
Reliance Industries Ltd view for Intraday 10th Jan #RELIANCE Reliance Industries Ltd view for Intraday 10th Jan #RELIANCE Resistance 1270 Watching above 1273 for upside movement... Support area 1240 Below 1260 ignoring upside momentum for intraday Watching below 1238 or downside movement... Above 1250 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown1
Reliance Chart Spark Fire in the Upcoming Trading Season! Buy Reliance If Break 50-Day's Moving Average -1272 And Hold Closing Basis. Buy With Stop - 1240, For Target - 1350. Longby diceytrade7
Reliance Long on Monthly TFReliance exactly taken support and bounced from 61.8% Fibbonachi Ratio. Can be consider for Long Term . Target - 1285,1308,1330,1350,1375,1400+ SL -1200 on WCB Longby ZE45645
ReliancePrice has formed a range from 1215 to 1261. And now price is moving within this range and formed a consolidation zone. Break out can happen in any direction. Buy above 1244 with the stop loss of 1235 for the targets 1253, 1261, 1270 and 1282. Sell below 1226 with the stop loss of 1235 for the targets 1218, 1210, 1201 and 1191. Do your own analysis before taking any trade.by vanathiUpdated 39
Reliance Industries (Intraday)Reliance Industries (75 Minutes): -Formation of SOT too! Reliance Industries (15 Minutes): - The price is range bound -Price can either breakout from the zone or breakdown from the zone -Entry levels: Buy above 1244 below SL of 1235 -Ignore in case of breakdown The above analysis is just for educational purposeLongby diptiisaeth_2
Reliance - Is at attractive level to Buy & Invest nowRIL now around 1200-1250 levels is very good opportunity to buy and get invested for medium to long term profits. Price is at swing support and this low level was due to Elon entry into India and groupism by MF Manager to accumulate at lower levels. RIL recent land purchase at throwaway price and its business with NVDIA & Disney are few reasons to fetch more income to RIL. RBI mood to devalue to INR is +ve for RIL. Reliance is No - 1 company for 2 decades now. Stay Invested in this counter for good Profits. use this for educational purpose and consult your Advisor or take your own decision before Investing Longby venkatfx3
reliance support and resistant linethis stock is trading an important crucial trend line (1290 - 1300) which acts as resistant previously and at present it is acting as good resistant. if this trendline breaks upper side bullish will continue or if it breaks downside bearish may continue. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com/pricing/?share_your_love=johnbritto2088by johnjen2088Updated 13