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PrashantTaralkar
Dec 9, 2023 5:44 PM

RELIANCE - add in watch list 

NSE:RELIANCE1D
RELIANCE INDSNSE

Description

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As per my analysis., RELIANCE can be added in watchlist for investment

Important levels - 2426 and 2625

First Target will be 2835
Second Target 3052.036966

Please comment if you wish to see my analysis any stocks.

Please do your due diligence before trading or investment.

Thank you.

Trade active

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CMP .. 2500++
for Swing trade, keep trailing SL as per your comfort.

Comment

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Holding Nifty up .. keep in eye on 2614 level

Comment

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Be caution below 2575, if closes below this then consider exiting long position.

Comment

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Update - Direction is not clear as of now, hold if closes above 2680, Strictly use Stop loss of 2616.

Please do your due diligence before trading or investment.

Thank you.

Trade closed manually

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Please exit if anyone holding, closing above 2750 will be bullish or for new entry with small stoploss
Ricky can entry if come around 2430

Comment

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Good price to book profit, if anyone holding.
Support and ResistanceGann Square
Comments
PrashantTaralkar
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Update - Direction is not clear as of now, hold if closes above 2680, Strictly use Stop loss of 2616.
PrashantTaralkar
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Check the price for today's close - 2650
kumaraayush507
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are u sure it will go up today it I'd facing resistance at 2600
PrashantTaralkar
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@kumaraayush507, Stop loss of 2586 (Intraday) 2553 (Swing trade) or 2530 (Positional or Investment) or as per your risk management.
2611 to 2616 will be critical level.
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