Hello Everyone ! Reliance is forming rising wedge and there is tighter consolidation b/w higher highs . Be cautious , it is sign of reversal . But it can also give breakout if it sustains TARGET -1900-2000 level if trend reverse , support at 1700-1750 level
#Reliance is moving under Bullish channel and Very Bullish on Daily/Weekly/Monthly chart. it was falling since two day and after yesterday announcement about subscription amount Rs 43,574 crore from Jaadhu Holdings in Jio platform , stocl took support over trendline and moved UP and touched previous day High and closed below. Showing Bullish in all Technical...
reliance is now debt free, that's is the reason for this rocket move, so price is already so high so wait for more confirmations, ike breakout, volume etc
Watch out the trend line. If the price action breaks it affirmatively, a short intraday trade can be placed for around 20 points.
Relinace is showing a strong bullish momentum !!
Buy above 1870 for 10,25,50+++ Sell below 1840 for 10,25,50+++ All views for Educational purpose, Trade at your own risk
1. There was lot of accumulation happened in the zone of 1710-1720 2. After that base shifted towards 1735-1740 3. In last week, Reliance played important role to push Nifty higher. So when nifty will consolidate, Reliance too. 4. On Intel's investment it is trading at 1800 levels. But I still believe this not good zone to enter. In order to touch 1850, it has...
reliance is a at ATH, now stock is consolidating, if good volume came then it may give breakkout, if volume missing then chances are price will come down.
Reliance is at support. So safe to carry overnight. Tomorrow 1st July you get qualified for its dividend. Sell first thing in the morning.
Hello Everyone ! Please like idea and share your valuable feedback . Target for 1850 Can see clean breakout after 1770 level support -1700 level good buying level
CMP (Last Close) : 1741.65 Totally in uptrend... Every downfall towards 1717 bounce back zone for targets 1759 / 1788 / 1805 /1846 +. Brakout below 1702 targets of 1692 / 1684 not ruled out...... this is an update to teh idea alreay publised below... Like Share Follow........... Lets make wealth together
Reliance Support level : 1718/1670/1607, If it moves above 1752 on short term Target :1830/1920
price at resistance and consolidating here we can see 490 rs in next week and if hold than ready for 600 soon let's wait for confirmation here
it has been a good time to reliance in the bad time to the country, have been following it since it Facebook agreement , Now it's all set up for a breakout look at it a perfect way of breakouts has been made till today .. hope today it will fly up ...or else on monday the leverage is high in reliance so don't miss it out . Remember I'm no one. You need...
reliance is already at ATH. on bigger time frame, price consolidating, if you are able to catch breakout, you can make good bucks.
SHORT THE REALIANCE VERY GOOD OPPORTUNITY FOR THE NEXT 24H
reliance 2000 price soon... please like/share/comments if I am right as my reliance chart analysis.