RELIANCE
#MRF - 1,95,060 or 87,750?Date; 28-02-2026
MRF Current Price: โน140,985
Pivot: โน1,41,405
Support: โน1,33,071
Resistance: โน1,49,815
Upside โก๏ธ โน1,60,940 | โน1,72,065 | โน1,83,562 | โน1,95,060
Downside โก๏ธ โน1,21,908 | โน1,10,745 | โน99,247 | โน87,750
Trade smart. Manage risk.
#Tradingview #TradingLevels #PivotPoints #Nifty #BankNiftyy #PriceAction
Reliance Industries Ltd. โ Technical View: Bearish Continuation Reliance has completed a five-wave impulsive decline from the January 2026 high, indicating a clear shift in near-term trend structure. The subsequent recovery has unfolded as a three-wave corrective bounce, consistent with a counter-trend retracement rather than the start of a fresh impulsive up move.
Notably, the C-leg of this corrective phase appears to have terminated near the 50% Fibonacci retracement level, where price action has developed into an ending diagonal structure, typically associated with exhaustion in corrective rallies. The presence of an OH nearby candle near resistance further reinforces the formation of a potential short-term top.
At current levels (CMP โน1460), price confirmation for downside continuation would be established on a decisive close below โน1468, strengthening the probability that the corrective phase has concluded.
On the downside, the first support objective is โน1320, aligning with the 61.8% retracement zone. A broader equality projection for the ongoing leg places the extended downside target near โน1230.
The bearish view will be invalidated on a sustained move above โน1490, which would negate the current corrective count and reopen upside potential.
RELIANCE Unleashed | Bulls Roaring StrongThis is the daily timeframe chart of Reliance.
Reliance is moving in a strong momentum phase and is consistently respecting the Supertrend indicator.
Based on Supertrend, the key support level is at 1518.
Currently, the stock is trading above multi-timeframe pivot levels, indicating short-term momentum strength.
Buying opportunities may be considered near the 1530โ1540 range.
The stock has a strong support zone around 1515โ1520.
Potential upside target is near 1620.
If the support zone sustains, we may see higher prices in Reliance in the coming sessions.
Thank you.
Reliance Industries Limited for 10th Dec #RELIANCE Reliance Industries Limited for 10th Dec #RELIANCE
Resistance 1540 Watching above 1543 for upside momentum.
Support area 1515-1520 Below 1520 gnoring upside momentum for intraday
Watching below 1513 for downside movement...
Above 1540 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Looking Good...Buy REL at current level and all dips
Target1 - 3000
Target2 - 3200
Target3 - 3627 (if close above 3210)
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only.
I will not be responsible for any of your profit/loss with this channel suggestions.
Consult your financial advisor before taking any decisions
RIL: Navigating Key Supply & Demand Zones for Future MovementIntroduction:
This analysis focuses on the daily chart of Reliance Industries (RIL), highlighting critical supply and demand zones that are likely to dictate its price action in the coming weeks and months. We observe a recent uptrend followed by a pullback, and the current price action is situated at crucial junctures.
Key Observations & Zones:
Daily Latest Supply Order Block (Resistance):
Zone: 1,507.50 - 1,524.70 (highlighted in red)
Significance: This is a formidable resistance area. A daily candle closing above 1,524.70 would signal a strong bullish breakout, potentially targeting higher price levels. Until then, this zone acts as a ceiling, where sellers have historically stepped in. We've seen a recent rejection from this area, confirming its strength.
1-Hour Latest Demand Order Block (Immediate Support):
Zone: 1,447.50 - 1,459.20 (highlighted in yellow)
Significance: This is the immediate support zone identified from a lower timeframe (1-hour chart). For bulls to maintain control in the short term, RIL needs to hold above 1,447.50. A breakdown below this level could trigger further downside pressure.
1-Hour Internal Extreme Demand Order Block (Strong Support):
Zone: 1,360.00 - 1,390.00 (highlighted in green)
Significance: This represents a much stronger demand zone, likely to attract significant buying interest if the price reaches it. This is a key area for potential reversals or strong bounces. A breakdown below 1,360.00 would be a significant bearish development, suggesting a deeper correction.
Daily Candle Extreme Demand Order Block (Long-Term Support):
Zone: 1,160.00 - 1,195.15 (highlighted in a broader green box)
Significance: This is a crucial long-term demand zone. If RIL experiences a substantial correction, this area is expected to provide very strong support. A daily candle close below 1,114.85 (the lowest yellow line beneath this zone) would invalidate this demand and indicate a major shift in the long-term trend.
Current Price Action & Outlook:
RIL is currently trading within the proximity of the 1-hour latest demand order block. The stock is attempting to find support here after being rejected from the daily supply zone.
Potential Scenarios:
Bullish Scenario: A strong bounce from the current levels or the 1-hour internal extreme demand order block (1,360-1,390), followed by a decisive daily close above 1,524.70, would confirm renewed bullish momentum.
Bearish Scenario: A daily close below 1,447.50 could lead to a test of the 1-hour internal extreme demand order block. A breakdown below 1,360.00 would open the doors for a deeper correction towards the long-term daily candle extreme demand order block.
Conclusion:
RIL is at a critical juncture. Traders should closely monitor how the price reacts to these identified supply and demand zones. The levels of 1,524.70 on the upside and 1,447.50 (short-term) / 1,360.00 (medium-term) on the downside will be pivotal in determining its near to medium-term trajectory.
RELIANCE Industries Ltd for 30th Oct #RELIANCERELIANCE Industries Ltd for 30th Oct #RELIANCE
Resistance 1510 Watching above 1513 for upside momentum.
Support area 1490 Below 1500 gnoring upside momentum for intraday
Watching below 1487 for downside movement...
Above 1500 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
RELIANCE โ The MONSTER WAVE 3 Isnโt Over Yet!๐ Summary:
Reliance isnโt done yet โ the structure shows a powerful Wave 3 still unfolding with institutional strength behind it.
Expect a controlled Wave 4 retracement (โน800โโน500) before the next super rally โ Wave 5 toward โน10,000 (3.618%) .
๐ Elliott Wave count + SMC + Fundamentals all scream continuation!
Smart money is accumulating , not distributing โ this is the calm before the storm.
๐ฅ Wave 3 builds wealth. Wave 5 creates history.
๐ Elliott Wave Confluence:
The stock remains within Wave 3 , unfolding with strong impulsive momentum and clean internal sub-waves.
Wave 3 is expected to mature around the 2.618 extension (~โน2,875) , but structure still supports further upside before exhaustion.
A Wave 4 correction will likely retrace toward the 0.382โ0.5 Fib zone (โน800โโน500) , forming a deep yet healthy reset.
The grand finale โ Wave 5 โ targets the 3.618 Fibonacci extension (~โน10,000) , aligning with long-term macro growth and structural expansion. ๐
๐ฐ Smart Money Concept (SMC) Insight:
Institutional order flow remains bullishly displaced โ no evidence of full distribution yet.
Expect Wave 4 to be the โsmart money re-entry zone,โ with liquidity sweeps and accumulation before the final push.
Wave 5 could trigger the euphoric phase where late retail chases and institutions start scaling out at premium valuations. ๐ง ๐ต
๐ Price Action Perspective:
Trend remains structurally bullish โ higher highs and higher lows dominate.
A break above โน1,600โโน1,700 confirms Wave 3 continuation.
Once the market consolidates into Wave 4, watch for equal lows, demand absorption, and BOS confirmations to catch early Wave 5 entries.
Wave 5 is expected to be sharp, emotional, and momentum-driven โ classic of late-cycle impulsive waves. โ๏ธ๐
๐ Fundamental Confluence:
Relianceโs expansion across energy, telecom, AI, green tech, and retail supports this wave count perfectly.
The next decadeโs growth catalysts โ digital ecosystem scale-up, Jio financial inclusion, and renewables โ align with Wave 5โs โvaluation explosionโ narrative.
Fundamentals mirror Elliott psychology: Wave 3 = justified growth, Wave 4 = consolidation, Wave 5 = euphoria-driven expansion . ๐น๐
๐ฎ Expectations Ahead:
๐ Wave 3 Target: โน2,800โโน3,000 range (2.618 fib).
โ ๏ธ Wave 4 Retracement: โน800โโน500 (accumulation & re-entry zone).
๐ Wave 5 Target: โน10,000 (3.618 extension โ the ultimate cycle peak).
๐ Final Thought:
Reliance is still in the driverโs seat of its Wave 3.
Wave 4 will give patient bulls one final golden entry before Wave 5 โ the โน10,000 super cycle โ rewrites market history.
Traders & Analysts
"This might be the mega move of the decade โ and itโs happening right in front of us. ๐ฅ
Reliance (RELIANCEIND) is still charging through a powerful Wave 3, and thereโs plenty of air above before any major correction even begins. ๐
Our Elliott Wave models show Wave 3 has not peaked yet โ momentum, structure, and institutional flow all confirm that the current rally could still extend toward the โน2,800โโน3,000 zone before any Wave 4 cooldown.
But hereโs the big picture: after Wave 4โs healthy reset, the final Wave 5 explosion could drive prices to a massive โน10,000 target (3.618 extension) โ a potential super-cycle top years in the making. ๐
๐ Smart money isnโt exiting โ itโs riding Wave 3 and preparing for the ultimate Wave 5 payoff.
Timing this phase could define your decade in trading. โก
So, traders โ how far do you think Wave 3 can run before the big reset?
Drop your targets below ๐ and letโs see who rides this wave all the way to โน10,000! ๐ฐ๐โ
โ Team FIBCOS
#Reliance #ElliottWave #NSE #SmartMoney #PriceAction #WaveTheory #TechnicalAnalysis #TradingView #Investing #StockMarketIndia #RelianceIndustries #SwingTrading #LongTermInvesting #Wave3 #Wave5 #BullishIndia #ChartAnalysis #WealthBuilding #MarketStructure #Fibonacci #Wave4Accumulation
Reliance Industries Ltd for 23rd Oct #RELIANCE Reliance Industries Ltd for 23rd Oct #RELIANCE
Resistance 1470-1475 Watching above 1476 for upside momentum.
Support area 1450 Below 1450 gnoring upside momentum for intraday
Watching below 1448 for downside movement...
Above 1470 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 17th Oct #RELIANCEReliance Industries Ltd for 17th Oct #RELIANCE
Resistance 1400 Watching above 1404 for upside momentum.
Support area 1380 Below 1380 gnoring upside momentum for intraday
Watching below 1377 for downside movement...
Above 1400 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 16th Oct #RELIANCEReliance Industries Ltd for 16th Oct #RELIANCE
Resistance 1390 Watching above 1393 for upside momentum.
Support area 1365 Below 1380 gnoring upside momentum for intraday
Watching below 1364 for downside movement...
Above 1380 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 15th Oct #RELIANCEReliance Industries Ltd for 15th Oct #RELIANCE
Resistance 1390 Watching above 1393 for upside momentum.
Support area 1365 Below 1380 gnoring upside momentum for intraday
Watching below 1364 for downside movement...
Above 1380 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 14th Oct #RELIANCEReliance Industries Ltd for 14th Oct #RELIANCE
Resistance 1390 Watching above 1393 for upside momentum.
Support area 1365 Below 1380 gnoring upside momentum for intraday
Watching below 1364 for downside movement...
Above 1380 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 13th Oct #RELIANCE Reliance Industries Ltd for 13th Oct #RELIANCE
Resistance 1390 Watching above 1393 for upside momentum.
Support area 1365 Below 1380 gnoring upside momentum for intraday
Watching below 1364 for downside movement...
Above 1380 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 7th Oct #RELIANCE Reliance Industries Ltd for 7th Oct #RELIANCE
Resistance 1380-1383 Watching above 1384 for upside momentum.
Support area 1365 Below 1365 gnoring upside momentum for intraday
Watching below 1364 for downside movement...
Above 1380 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd for 18th Sept #RELIANCE Reliance Industries Ltd for 18th Sept #RELIANCE
Resistance 1420 Watching above 1422 for upside momentum.
Support area 1400 Below 1400 gnoring upside momentum for intraday
Watching below 1397 for downside movement...
Above 1420 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
COIN 1D Time frameMarket Snapshot
Current Price: ~$318.78
Daily Change: +5.5% (strong upward move)
๐ Technical Indicators
RSI (14-day): ~71 โ Overbought zone, signals caution.
MACD: Positive and rising โ Strong bullish momentum.
Stochastic Oscillator: High โ Overbought conditions, risk of short-term pullback.
ADX: ~16 โ Weak trend strength despite recent move.
๐ Moving Averages
5-day MA: ~$315 โ Bullish
50-day MA: ~$305 โ Bullish
200-day MA: ~$314 โ Bullish
All three show buy signals, confirming trend strength.
๐ง Support & Resistance
Support Levels: ~$315, ~$313, ~$311
Resistance Levels: ~$319, ~$321, ~$330
๐
Outlook
Bullish Case: If COIN sustains above ~$319, it could push toward $330 or higher.
Bearish Case: With RSI in overbought territory, a pullback toward ~$315โ311 is possible.
Overall Bias: Moderately bullish, but vulnerable to short-term profit-taking.
BTCUSDT 2Hour Time frameBTC/USDT 2-Hour Snapshot
Current Price: $112,349.00
Change: -0.29% from the previous close
Intraday High: $112,891.00
Intraday Low: $110,812.00
๐ Technical Indicators
Relative Strength Index (RSI): Neutral
Moving Averages:
7-period MA: $112,376 (short-term support)
25-period MA: $111,484 (medium-term support)
99-period MA: $113,049 (short-term resistance)
๐ Market Sentiment
Pivot Points:
Resistance: $113,650
Support: $108,666
๐
Outlook
Bullish Scenario: A breakout above $113,650 could signal a move toward $120,000.
Bearish Scenario: A drop below $108,666 may lead to further downside.
Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
AMZN 45Minutes Time frameAMZN 45-Minute Snapshot
Current Price: $238.24 USD
Change: +1.02% from the previous close
Intraday Range: $235.08 โ $238.85 USD
52-Week Range: $161.38 โ $242.52 USD
๐ Technical Indicators
RSI (14): 67.1 โ Neutral to slightly overbought
MACD: 1.88 โ Bullish momentum
Moving Averages:
5-period SMA: $237.61 โ Buy signal
10-period SMA: $236.92 โ Buy signal
20-period SMA: $235.59 โ Buy signal
50-period SMA: $231.42 โ Buy signal
๐ Market Sentiment
Pivot Points:
R1: $238.90
R2: $239.43
R3: $240.13
S1: $236.97
S2: $237.67
S3: $238.20
๐
Outlook
Bullish Scenario: A breakout above $238.90 could lead to a push toward $239.43 and higher.
Bearish Scenario: A drop below $236.97 may test support around $235.59.
Overall Bias: Neutral to slightly bullish, with positive momentum but facing near-term resistance.






















