Stock is hovering to its support after a massive fall, and looks like further fall is not coming unless stock closes below 185.
Education only Stock name Reliance Infrastructure. Keep in Mind this is only for education purpose
You can see the Monthly charts of "Reliance Power" compared against "Reliance Infra". I am not calling them "Twins" just because its from same "Reliance Group" But I was flabbergasted to see the Exact Chart Structure - from Similar Timelines. Channel Breakdown - Recovery - Trading inside the Channel and now finally Breakout of Multiyear channel. Amazing Duo -...
💥Reliance Infrastructure💥-Nice Breakout Capital to be deployed- 20k Investing Price-205-210 Breakout Price-204 Stoploss-159 Targets-343-409 RT for max reach #Reliance #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
crossed a good resistance range expecting a move towards 280. expecting minimum of 30% movement upside
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
The RELINFRA has symmetrical triangle pattern formation and the price movements respects the pattern in multiple resistance and supports. So watchout for it.
In the Weekly Chart of RELINFRA , we can see that, After breakout failure it has given a comeback. It has big targets waiting.
Seems like a trend reversal has started for Reliance infra
reliance infra has broken out of cup & handle pattern...........height of the cup which is 282 is the target for the stock
You can buy at 140.75, with a stop loss at 137, and a target at 149.35.
in good position to break point, if the expected break out hapening ,then it will move up side the easy tgt is 285
There is an Ascending Triangle Pattern formed on a weekly chart of Reliance Infra. There has been a shakeout, due to news flows of Russia-Ukraine news, but the pattern still remains intact. Caution : There is an overhead supply above 135, so do keep this in mind.
Rel infra technically short cum medium time frame potential upside @ 263/277. & If sustained above this levels long time target may be placed @ 625.(if fundamentals improved).As of now trading @ and above p.r.z .If any unforseen events in said screept.final price projections and time could be vary.chart is purely for education purpose ,(some liberties in...
RELINFRA - BUY Technical analysis (Long term trend) High risk & reward ratio 1:3 If it goes down, will reach up to Rs.65 (Fib 61% level)
66 Sl on closing basis. first target 280. Risky trade... do consult your financial adviser before investing.... pure price action play
What is happening in reliance infra?. Looks ready to go up