Reliance - Swing Trade (Target - 2500)#Study Material
Just an "Introduction of the Elliot wave theory". Keep this as a study material.
RELIANCE
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market saw a volatile expiry today, despite relatively bullish global cues. Bank of England has hiked rates, will the Indian markets react?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsWill the bears drag Nifty down below 17k again? Today we saw yet another seller-biased day, with Bajaj twins dragging the market yet again.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe indices saw a choppy trading session today after rejecting higher and lower levels. What might be next?
Reliance rangeboundedJai shree Ram!Reliance is now in range unless it breaks 2500 level we don't see up trend in REL. 2400 and above there is stong resistance and at 2300 above there is strong support. Stay tuned buy 2400 CE target 88 SL 35. Thanks for supporting and follow.
Why Nifty might not be overvaluedIn this episode of Bazaar Ki Baatein I share my views on the market this past week and why Nifty might not be as overvalued as some may think. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsDaily market analysis of Nifty, Banknifty and top stocks after the v-shape recovery intraday.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsHere's my analysis of Nifty, Banknifty and the top stocks. Both the indices are at very crucial points. Where do you think they might be heading next?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsToday saw a good follow-through by the bulls, taking Nifty and Banknifty to crucial zones. Where do you think the market's headed?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMy analysis of nifty, Banknifty and the top stocks. Do you think today's positive momentum will continue?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMy analysis of Nifty, Banknifty and top stocks for today. The markets seem to be trending on the downside these past two days. Which side were you on? What were your views?
RELIANCE
Disclaimer: I am not SEBI Registered
I am just sharing my views here for my friends, which wish to take my help.
Do trade or invest at your own risk, am not responsible for any losses and won't claim anything from your profits either. Be aware of what you are trading and take financial advices from your advisors before jumping in.
RELIANCEDisclaimer: I am not SEBI Registered
I am just sharing my views here for my friends, which wish to take my help.
Do trade or invest at your own risk, am not responsible for any losses and won't claim anything from your profits either. Be aware of what you are trading and take financial advices from your advisors before jumping in.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsEOD analysis of Nifty, Banknifty and the top stocks. How was your trading session today?
Reliance Looking Good For Swing Down What we believe in :-
°Trade With Logic
°Take Time Before Investment
Saving Your Capital 🙂
I'm not responsible for your profit or loss.
Mainly Stock & Crypto Investor 🕵️
| Interim Trader 📊
DISCLAIMER :- This Channel Is For ( EDUCATIONAL PURPOSES )
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty, Banknifty analysis for tomorrow with levels. A bullish expiry, but will we see a follow through?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMy view on Nifty, Banknifty and the top stocks. Today was a choppy day, but banks had a clear bullish bias. How do you think tomorrow's expiry might go?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets saw a dramatic change after 1030h with the near-bull market moves taking a u-turn to show unfettered selling. What could be next?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMy analysis of Nifty, Banknifty and the top stocks. Reliance, Kotakbank and HDFC Bank had a firm grip on the indices, while SBI Bank, HDFC and Axis Bank let loose. Smalls and mids continued to slip. What do you think could be next?
My views on trading in these markets + weekly analysisTrading such markets can be hard. Here are my views along with a quick weekly analysis of Nifty, Banknifty and the top stocks.
Reiance - short termObservation:
1. Strong 3rd support at Rs.1874
2. 2nd support at Rs.2039
3. 1st support at Rs.2352
4. Formed Elliott wave 12345 pattern in DAILY timeframe, followed by correction wave (ABC)
5. After ABC, two bullish candle formed in daily with the help of volume spike (see right below).
6. Looks confirmation to go up of atleast 10% - Rs.2630+ in near term
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBlack Friday Sale in the Indian markets! Here's my analysis of Nifty, Banknifty and the top stocks. How was the session for you?
RIIL - Long viewTrading idea for the stock
Buy: 757
Target: 804
Stop loss: 747
Profit: 4700
Loss: 1000
Risk/Reward: 1:4.7
Quantity: 100
Look for booking partial profit at 780 levels and then trail the rest.
R1 - 782.90
R2 - 824.10
R3 - 906.50
S1 - 659.30
S2 - 576.90
S3 - 535.70
Ruel Fernandes
ruelfernandes@gmail.com
9819683693
