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Trade ideas
Buy Reliance it gives good trend line breakout
Volume also looks good
It bounces from lower line channel
So our target will be upper line of channel
RELIANCE LONGReliance crossing 2400.
One more hurdle in the stock 2450. Once this breaks, we can again expect it to give a good move till 2750 levels.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Is it a good idea to buy RELIANCE now ? Good morning,
Today there is an intersection of many strong indicators:
1)there is a bull divergence confirmed by MACD😎
2) we are above the VWAP❤
3) the 4EMA indicator is in the right order and well condensed👌
4) we are protected by support😎
👀 I didn't really study the profit so protected yourself from market reverses!!
Good luck 💖
Quasimodo Double Cheeters PatternQuasimodo Double Cheeters Pattern Formed in Reliance
wait whenever price comes in range and see the reaction....
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AMARA RAJA PRICE ACTION ON HIGHER TIMEFRAME // WEEKLYaasfdg hgfhf hhggj jjj gjjjj gdssgdg ddgdgg dfgg xfgfg xffbbb
RELIANCE AnalysisInverted Head and Shoulder Pattern
CMP: 2399.15
Upside Targets: 2420, 2434, 2454
I will only be trading Reliance for a bullish move if it succeeds to break the resistance zone
RELIANCE INDS RECOMONDATIONHello guys, a great opportunity to invest for the long and medium term, we have had a bullish trend for years and it is still going on, there is a great opportunity to buy because the price respecting the trend line, a great opportunity to make a profit in this market
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Reliance Breakout RetestThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Reliance industries very nice buy setupVery nice running flat forming in reliance for upside guys, there is also sharp move for entry on daily time frame. look for correction of the wave for entry.
Thanks.
Reliance Now Rejected AreaReliance 5% Down possible from 2373 it will come around 2250
if break out below 2250 expect more negative
