Reliance Ind. tails and volume, price fallen.

RELIANCE INDSNSE

Description

⋅ Mar 24, 2020 7:03 AM

Series of tails, means are existed still. Volume with price fallen was existed by investors.

Next Support 775 and current support 885 nearby. I suppose to take target downward at 778 nearby shortly. if price fall below 884.

Careful for holding this stock below 884...

Comments

GautamH

⋅ Apr 4, 2020 12:48 PM

Hi Kinnari,
Can you update the short term view and levels on this stock? is it looking strong?
Trading - what is shorting level? what is support levels?
Cash Investment purpose - what levels are good buying to average out and accumulate this stock for mid term.
Thanks in advance for any updates you can share.

Bdappu

⋅ Apr 3, 2020 7:21 AM

Hello Madam
Really appreciate your effort in explaining the stocks behaviour and their trends.
It will be really helpful, if you can suggest us how the trend would be for RIL.

Trade-Technique

⋅ Apr 3, 2020 7:22 AM

@Bdappu, 1106 is good level for short and high if weekly candle is also good

Bdappu

⋅ Apr 3, 2020 7:35 AM

@Kinnari_Prajapati, thank you madam

Rajendra_5

⋅ Mar 24, 2020 7:44 AM

You mean either this break 885 then we can short for 775 Or long with stop 885