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fortuneteller fortuneteller RELIANCE, 240, Short ,
RELIANCE: Reliance 50% Retracement Possible
92 0 6
RELIANCE, 240 Short
Reliance 50% Retracement Possible

There is a Possibility of 50 % Retracement in Reliance to around 1150 levels, It will also act as a structure test, Some Really Good Selling Patterns are also coming up in daily charts...

HoneyBhardwaj HoneyBhardwaj RELIANCE, W, Short ,
RELIANCE: Reliance Industries Ltd Triangle Pattern Weekly
39 0 4
RELIANCE, W Short
Reliance Industries Ltd Triangle Pattern Weekly

Hi Everyone,This is my first idea I will post more regarding indian stocks and some currency pairs, looking at reliance it looks like in corrective phase after highly impulsive move to up side and making abc correction with b in triangle pattern so we are waiting for completion of pattern by breaking this pattern to downside for our c leg and then rally up for ...

tdurai84 tdurai84 RELIANCE, M,
RELIANCE: Reliance Wave Analysis 03 AUG 2016
61 0 1
RELIANCE, M
Reliance Wave Analysis 03 AUG 2016

Reliance on the way from 2008 to till date fell in to the TRIANGLE pattern. Pattern maturity date very close to broke the pattern either side. But as per my wave count reliance going to trigger next bear rally on INDIAN MARKET. November - 2016 play an major role on reliance.

jayadrath jayadrath RELIANCE, D, Long ,
RELIANCE: Reliance Buy @ 975 with stop loss of 945 for a target of 1060
25 0 1
RELIANCE, D Long
Reliance Buy @ 975 with stop loss of 945 for a target of 1060

Reliance hadn't participated in the recent rally and today it is rally despite the index being in red. Seeing a breakout here if closes at the current level or could retrace to previous support level of 945 breaking which it can go down till 910-20 level.

RahulNagpal RahulNagpal PRO RELIANCE, W,
RELIANCE: Long term investment in reliance industries
71 3 2
RELIANCE, W
Long term investment in reliance industries

Investment Strategy: Reliance Industries has been in a contracting triangle from past 8 years, Break of this Triangle on the upside can be a good indication to buy and hold for long term. Elliott Waves Terms triangle often occurs in wave 4 as complex correction. so we can expect wave 5 to create a new high Target: 1800 Timeframe: yr-2019

InsiderB InsiderB PRO RELIANCE, 60, Short ,
RELIANCE: Reliance Short : Simple Trend Based setup (Hourly)
144 2 9
RELIANCE, 60 Short
Reliance Short : Simple Trend Based setup (Hourly)

This trade setup is very simple one. I didnt use any advanced patterns or numerous fib levels. We can easily notice Reliance is in bearish trend for sometime, so we are looking for opportunity to go along the trend. Recent rise in prices towards our marked resistance zone ( based on Daily ) where we have Fib levels overlapping each other. 0.382 Fib level of ...

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