Reliance weekly structure we are bullish in reliance as we see a breakout on weekly level so now we wait if its sustain above 2400 then we go long for 2700 & 2900. as we analyses on weekly chart so that mean this trade for long term.
RELIANCE
reliance bullish in short termreliance broken a decisive region after a long consolidation and volatility. it is destined to reach 2490 region in short term and can be easily traded with 20 rs stop loss . As there hasn't been any volume or other exhaustion reported yet so hold to the trend until any big sell off is seen at 09:00-10:30 in coming days.
RELIANCE INDS as on 03.09.2021!!FALLING WEDGE PATTERN FORMED!!!
Breakout done!!
Pullback done!!
And broke its major resistance level of 2355!!
50 EMA AND 200 EMA LEVEL GIVING A GOOD SUPPORT!!
Volume is also above average !!
Breakout from monthly POC and supply and demand also done!!
Should not be a FAKE BREAKOUT let see Hope for the best!!
TARGET PRICE=2836/2840
STOP LOSS=2174/2170
(The above analysis is only for study purpose do not take it as any buy or sell call)
Nifty, Banknifty, Top Stocks Analysis with imp leves!Nifty made yet another ATH today. I talk about how it looks like + broad market and top stocks analysis with important levels.
Tricky expiry tomorrow ? Tradeplan #Nifty50 2nd Sept 2021First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is Up - Contra strategy : Sell on rise ( see video for details )/
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
Nifty, Banknifty, Top Stocks Analysis with imp leves!Bulls seem to have taken a breather today, but the overall bullish picture still seems intact, even on lower timeframe charts. What's your view?
16700 on Card ? Monthly Wrap #Tradeplan #Nifty 50 1st Sept 21 First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is Up - Contra strategy : Sell on rise ( see video for details )/
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
Monthly market analysis: everything at ATHNifty, Banknifty and the top 5 stocks are at their highest close on a monthly basis. This is after some hesitation and uncertainty when August began. What's next? What do you feel?
RELIANCE - Something Unsusual!Its slowly and steadily building momentum.
No reco.
Wait for weekly closing.
Nifty, Banknifty, Top Stocks Analysis with imp leves!NIfty has made yet another ATH and is now near 17k. I take a look at the important levels and talk more about RSI along with the top stocks of the Indian market.
OptionsTrade for RelianceBuy Reliance 2160CE@90-100 and for hedging sell 2 Lots of 2260CE@45-55. Margin will be required to short 2 lots of options.
Buy 1Lot of Reliance Future strictly above 2240.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Tricky Day ahead .Tradeplan #Nifty50 27th Aug 2021 ( Trend day )First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is down in near term - ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
U pattern breakout in Reliance at 2200 levelHere you can see Reliance created a U shape pattern at 2200 level and now it has given a breakout and also retested the level yesterday. It may be good long opportunity today if the price starts showing strength towards upside today.
16750 0r 16550 ? Trade plan #Nifty50 11th Aug 21 ( Trend day )First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is Up - Buy on dip ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
Nifty, Banknifty, Top Stocks Analysis with imp leves!Nifty made an ATH and an ATH close. This is despite facing selling pressure in the second half. Where do you think the #stockmarket is heading?
New All time high coming ? Tradeplan 24th Aug 21First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is Up - Buy on dip ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
Bulls & Myself Back Tradeplan #Nifty50 24th Aug2021First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is Up - Buy on dip ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
RELIANCE INDUSTRIES On 30min chart reliance is ready for breakout strong support at 2160 and Resistance act will be 2200
Trade with Price action
BUY above 2180
SELL below 2160 NSE:RELIANCE
Reliance Bullish viewConsolidating from a long period of time. About to give a bullish breakout.
can look for positional longs according to the green arrows.
Reliance Reliance has given a fresh breakout with good intensity of volume, one can go long at these levels or in dips with stoploss of 2010, for targets of 2158 to 2620, mentioned on chart.
Key Levels are Mentioned on chart
Breakout with Good intensity of Volume
Macd in daily positive crossover and Uptick and also above zero line
Price touched upper bollinger band
Positive Dmi and adx Ungali setup
Rsi ready to cross near 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
RELIANCE LONG1. IH&S pattern formed in 1HrTF...BO awaited
2. Triangular pattern movt....BO awaited
3. Long after BO confirmation of the above patterns
Nifty, Banknifty, top stocks Analysis with imp leves!The indices saw a positive Thursday expiry, with option writers possibly making good returns thanks to a tough fight at 36,000 for Banknifty and a lack of momentum for Nifty. In fact, a directional buyer would have lost 50% premium over the past two days even though Nifty went up.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986, 16,040, 16,120, 16,177, 16,225, 16,349.45
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Nifty, Banknifty, top stocks Analysis with imp leves!The indices saw a choppy session ahead of the Thursday expiry. Midcaps and smallcaps continue to take a beating, but large caps seem to have held their ground well. Reliance tends to hold strong when the broad market is facing selling pressure, hence clearing the 2100 psych level.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986, 16,040, 16,120, 16,177, 16,225, 16,349.45
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
