The Scrip is breaking down with a rounding top, down side possible, Keep this in radar.
Energy index is preparing for a triangle pattern breakout, keep energy stocks in radar.
NSE:RELIANCE at its trendline Support and a round figure of 2400. Bulls are active at this level to protect it from further fall. if the market turns on the upside reliance can move Up. If weekly closing happens below 2400 we can be mild bearish
Buy Reliance SL - 2608 T1 : 2680 T2 : 2700 Time frame 2-3 days
Reliance industries on buy from 2300 still holding for huge target
Reliance - keep eye on daily chart breakout on RSI & daily chart channels Breakout But own Sup & sl Must for rally Educational purpose only
Entry above 100% and Could enter at 50%-61% zone. Target 161% and 261%. Stop Belove 38%
What we can see in the chart is a falling wedge pattern. Currently the price is inside the pattern. We are expecting the price to get rejected at the upper boundary of the wedge and come back down to retest the support. After that we are expecting the pump and the break out to the upside. MACD has a bullish crossover which is positive sign for bulls. The target...
Reliance might open positive in tomorrow morning as per chart pattern, and rsi is in uptrend in 30 mnt 1hr timeframe....... and a long timeframe trendline is a strong support of it(weekly and daily time frame trendline)....
Reliance clearly not able to sustain above the highs, and has been consolidating inside the Q2 range till now. This indicates weakness, and hence expecting it to give a follow through to the downside.
SHORTED RELIANCE ON INTRA DAY BASIS MADE A PROFIT OF RS 5000/- BY SELLING FUTURES. also trading in market is risky and even risky when you trade in derivatives like futures and options always follow a strict stop loss in trading.
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
My conditional view on NSE:RELIANCE Entry level 2594 Stop loss : 2581 Target would be : 2644 Note: This is my personal view, only for learners.
Reliance Industries 15 Min chart Demand and Supply Levels. Bullish Supply Range ( Go Long) - INR 1,801/- to INR 1,840/- (Blue Circle in Image) Bearish Supply Range ( Go Short) -INR 1,880/- to INR 1,876/- (Red Circle in Image) #RelianceIndustries #Reliance #India #StockMarket Suggested Move - Short atINR 1,880/- to INR 1,876/- (Red Circle in...
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
From the past few attempts we could not see reliance breaking this resistance zone of 2660. Now again it has come to the zone this could lead the downside movement of price , opportunity to short
Since this is the second time Reliance is entering the resistance, it is expected to breach the zone and We can go long once Reliance crosses 2652. with a 10 rupee stop loss. The short term target is 2672. A Risk/Reward ratio of 2:1.
Stay Long Above 2613, T1 - 2663, T2 - 2715.55, T3 - 2777.50..... SL 2554 Short Below 2554, T1 - 2499, T2 - 2488, T3 - 2479, T4 - 2432...... SL 2600