As per this count, currently the price seems to be in wave (v) of circled black wave iii. Appears to be a clear Elliott Wave pattern with invalidation level sitting at wave i high. 1.618 extension of circled black wave i at 3259.60 could be used as a potential target WIll update the chart as price develops further. Thanks for reading!
We could expect some deadcat bounce in this heavyweight, Today's Low becomes a important level! Trade Setup - Long above 2825 for targets mentioned on the chart, however traders should stay cautious when the stock reaches 2965-75 zone where selling should come. Any break above 3025 would give us a trending move towards new highs! Strict SL should...
Reliance is currently at a support level, which may indicate a potential reversal. Here are some trading levels for those interested.
Reliance on Mar 2023 was at 1980, made high of 3024. Showing double top on weekly time frame. At 2830, short postion for target of 2600 can be planned in june series expiry.SL at 2900.
Time to add JIO Finance in portfolio for long term 5-8 years.
Nifty /banknifty and stocks analysis, and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
SDBL 316 TGT 500 SL 265 TF < 6M RR > 3 NSE:SDBL If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
The company is reducing debt. Financials are improving. FIIs have increased stake. Momentum looks good with the stock hitting UC in the last couple of sessions. Head and shoulder pattern on weekly chart looks good, with support on 21 levels Entry - at CMP SL - 20 Target - 34/52
Here are some levels that you may consider if you are interested in trading Reliance.
VIDHIING 473 TGT 627 SL 420 Return > 35% Risk < 12% RR ~ 3 Timeframe <6M NSE:VIDHIING Buy Recommended Can hold for long term Shared with 💚 By Rachit Sethia
lower limit- 2181.25 upper limit- 2753.25 cmp- 2455.20 gain- 12.1% from cmp Rangebound trading strategy in reliance, target will be achieved by 18/08/23
Buy Reliance and hold it for 2-3 months. It is the largest company of BHARAT and also the most profitable company. It is a good company for investment purpose.
Reliance the biggest company in India is ready to give an upside of 23.5% to reach a level of 3200 in the coming months. It is the best time to buy the elephant now. Beautiful cup with handle pattern supports the uptrend of this stock. Please follow if you like my analysis. Trade or invest at your own risk
NSE:PODDARMENT 399 TGT 600 SL 350 Timeframe < 6M RR is good enough. Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
NSE:RELIANCE has broken down from rising wedge (bearish) in hourly chart convincingly. We should see weakness in the stock for few days and given it's weight in NSE:NIFTY , that also can remain subdued. 2800/2850 should be the target zone on the downside for this and those level should offer support. On the flip side, 20 day MA is around 2925 which might stop...
#ATGL 1075 Tgt 3500 NSE:ATGL CMP 1075 TGT 3500 SL 795 TF < 9M Great risk return trade off! Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings...
Rising wedge bearish pattern is observed in this stock.. This stock is showing strong bullishness from the demand areas at 2600 levels. A strong bullishness is observed after broken the trendline previously and a continuous move is identified. So look for long in this stock from the demand Areas.
Points To Learn - This is a Weekly chart. A long Term Stock. -Box Consolidation of 938 days breakout - Done. -Upper high Upper Low formation has confirmed the change in trend. -Fibbs. Retracement from 0.6 levels has increased the probability of a genuine retest and breakout. -Retest Required at box upper level. Kindly feel free to message me personally to...