This is a longer time frame, weekly. Reliance has lagged behind behind while most of the bigger names on the Nifty have rallied, probably because of the strong uptrend in 2020. There is strong support at 1600 and I will buy more if the price falls to this level. This is not financial advice, do your own due diligence.
Same technical indicators as previous trades. No fundamental analysis. I don't use stop losses or predetermined targets but you can use the chart for reference. Not a financial analysist. Please do your own due diligence.
Another long trade based purely on the trend and the anticipation of a MACD cross. I do not use stop losses but you can set one for yourself based on the information on the chart. Most of the long trades are likely to be correlated to the broader markets, so any change in the index is likely to influence the price action. We seem to be in an extended bull market,...
Just a vanilla tier swing trade. Doesn't have to be too complicated, stop yourself out if it breaks support. Likely to take anywhere from 2 - 6 weeks for a 15-20% move. Take everything with a several grains of salt.