RELINFRA - BUY (DIVERGENCE) TGT 300 3-5 Trading DaysThere is a price decrease but the RSI has not fallen in proportion. It is a clear divergence and a Buy Signal is activated.Longby chirayu050
reliance infrastructure - Where is the bottom?Hello everyone In long term I can see that reliance infrastructure bottom is stil not come. Consider to watch the chart, It make a descending triangle pattern. What is descending triangle pattern? Answer : Descending triangle is a bearish continuation pattern. The pattern is usually observed in a downtrend. There are few instances the pattern is seen during an uptrend acting as a reversal pattern but is considered as a bearish pattern regardless of where it occurs. The descending triangle is also known as right angle triangle because of it shape. The horizontal line acts as a zone of support. It is as if there is heavy buying interest at this level preventing the stock from falling further. It is the lower highs along the declining trend line that signals greater selling pressure and gives the pattern its bearish feature. The technical target is arrived at by computing the vertical height of the pattern and adding this height to the breakout point. It can also be computed by drawing a line parallel to the base of the triangle through the trough of the first correction. Shortby CodeViser332
Buy Reliance InfraBuy Reliance Infra with STOP LOSS - 388 TGT1 - 404 TGT2 - 415Longby ScooorpionnnUpdated 1
BUY Reliance Infra for Long term target 730-950 Time 2-3 Months BUY Reliance Infra for Long term target 730-950 Time 2-3 Months Down wave has completed at 280-300 Level Market looking big move to 730-950Longby Vaishvamahendra2
Relinfra Swing TradeThe short is already initiated - i.imgur.com Let's wait and watch. Shortby Amit_GhoshUpdated 5
Reliance InfrastructureWill it be able to get out of its congestion zone of 600-620 and start its new leg of an up move?by Jeet242
Reliance Infra bouncing around inside channelreliance infra could look to move towards 625-640 if the lower end of the channel support holds. by akshaynehruUpdated 5
RELINFRA BEARISH TRENDSHORT RELINFRA NOV FUT ON HIGH NEAR 490-493...TRGT- 480-474-455Shortby sunilbandal751
Rel InfraRel Infra supports 581, breakdown it tgt up to 574/567/553 above 581 tgt 588/602 by santanumukherjee25Updated 2
RELIANCE INFRA WAVE ANALYSIS 7 JUL 2016Reliance Infra - as per wave analysis chart looks like Long term Downside. On medium term we get some corrective upside. On next 7 to 8 trading we can expect price could reach 440 region.Shortby tdurai841