Get started

RELIANCE

Relaince for swing tradingReliance Industries reached near its 52 weeks’ high today, forming a bullish engulfing candle, This Stock can be used for swing trading in coming days. Tomorrow if it crosses today’s high and able to sustain (hourly candle) or forms a positive price action (minimum 15-minute time frame), a bullish trade can be initiated. In that case buy price will be above 2800, and stop loss will be at 2755. It should face resistance at 2868 level which will be the first target, followed by 2996 and 3113. Only a study, not any advice of trading #Relaince
NSE:RELIANCELong
by rahulbora11
2
RELIANCE can create new Lifetime very soon ?NSE:RELIANCE Reliance Inds. Stock is made a huge upward move last week with close to 64m volume, such huge volume was last a year back in June last year. This clearly shows big player entering into the stock and also rising crude prices can help RIL earn good profits. From Weekly charts you can see, NSE:RELIANCE being trading between two trendlines and its almost about to touch the upper trendline which would create new fresh lifetime highs for the stock.
NSE:RELIANCELong
by simplyansh