Reliance is trading in a range from 2187 to 2861. Momemtum is high RSI >70 , we will see if it break the range this time, else it will again continue its range pattern.
Trying for a continued bullish movement, gave a breakout of inverted h&s Trying for a retest of the breakout zone 325 to 335 remains to be a supply area, we need price to sustain above these levels with a good volume for us to give a bullish confirmation. Early entry can be made but little risky, early entry with a strict SL to be followed. Momentum...
Attempting important resistance breakout, formed a ascending triangle pattern. Good volume spikes observed. RSI slowly trending upward. Candle close above 250 is required to confirm breakout. Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to...
Looks Bullish for short term. Trying to breakout by forming cup & handle pattern. Momentum building up rsi >60. Note: This is just for analysis purpose, please do your own research before punching any orders.
Attempting retest after breakout. Formed a W pattern post retest. RSI >60 on daily timeframe Note: This is just for analysis purpose, please do your own research before punching any orders.
Attempting trendline breakout. Took swing support at 0.618 Volume are picking up
Attempting trendline breakout, following a channel pattern. may face some resistance at 250. Post 250 we can go to achieve till t3. we can initiate a position with a small quantity and wait for price to retest 200-208 levels, upon formation of a bullish structure we may add on quantity. Note: This is just for analysis purpose, please do your own...
Attempting breakout, via Inverted head & shoulder pattern Took swing support at point 0.618 & 0.5 Note: This is just for analysis purpose, please do your own research before punching any orders.
Attempting to break all time high levels by forming inv cup & handle. Abnormal volume spikes are observed. Candle has given a closing above 233 level which was a important supply area, if candle holds this level we can target till all time high & subsequently T1 & T2. Momentum appears high, RSI >70 Note: This is just for analysis purpose, please do your...
Attempting to break a important resistance zone after consolidating for around 2 years. Attempting for a breakout by forming inverted head & shoulder + ascending triangle pattern. High Volume spikes are observed which is required for a strong breakout. Momentum have started building, RSI >65 Note: This is just for analysis purpose, please do your own...
Broke the market structure of lower low and formed a double bottom base indicating a potential turn around. Trendline breakout attempted. Major resistance of ema in higher timeframe once price close above 610,breakout will be confirmed. Note: This is just for analysis purpose, please do your own research before punching any orders.
Attempting breakout of a important resistance. Formed a ascending triangle pattern + inverted head & shoulder pattern. Its having a good momentum price above 20 ema with a trending RSI. Price needs to sustain above 4000 level mark to confirm the breakout. A selling pressure can be seen around 4500 levels. Note: This is just for analysis purpose, please do your...
Swing Idea: Attempting Trendline breakout on higher timeframe. RSI above 60 Inverted Head & shoulder Note: This is just for analysis purpose, please do your own research before punching any orders.
Inverted head & shoulder. Attempting breakout of inverted h&s. Attempting 200 ema breakout in higher time frame. Volume greater then average volume. Note: This is just for analysis purpose, please do your own research before punching any orders.
Trendline breakout on higher timeframe. Fib level 0.5 broken on higher timeframe. RSI above 60 Inverted Head & shoulder Note: This is just for analysis purpose, please do your own research before punching any orders.
Swing Idea: Potential swing trade after retest of inverted H&S Attempting inverted H&S breakout. Correction expected before it continue the trend. RSI near over bought area. Potential swing trade of 100 points. Note: This is just for analysis purpose, please do your own research before punching any orders.
Swing Idea: Trendline breakout on higher timeframe. RSI above 60 Cup & Handle pattern Rising DI Note: This is just for analysis purpose, please do your own research before punching any orders.
Swing Idea: Accumulation Phase Near support zone/accumulation zone. Currently in down trend. Making a falling wedge pattern near support. Note: This is just for analysis purpose, please do your own research before punching any orders.