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RELIANCE

Reliance : 28th June | LongStock Price had peaked on 15th June at INR 2274.90 and since then have retraced to INR 2104.45 at the close of session on 25th June. The current stock price has retraced upto 61.8% of the fibonacci range ( i.e 61.8% of 285 points range ). It is indicative that stock has a high tendency to reverse its downfall or stay at this level. For 28th June, i will be happy to see stock in the range INR 2098 to INR 2147. INR 2147 is a strong resistance being at 200 DEMA
NSE:RELIANCELong
by nitinavinashlal
2
BANK NIFTY PRE MARKET ANALYSISSEEING TOWARDS THE GLOBAL INDICES WE ARE GOING TO OPEN FLAT AND IF BANKNIFTY IS UNABLE TO CROSS THE SUPPORT WHICH IS NOW ACTING AS A RESISTANCE AND THIS MAY FALL TILL TARGETS (T1/T2/T3) TODAY'S RELIANCE AMG WILL AFFECT THE MARKET SO BE CAREFUL IT MAY FALL MORE OR IT MAY UP MORE SO TRADE CAUTIOUSLY IF IT CROSSES THE RESISTANCE THEN WAIT FOR PERFECT PRICE ACTION DON'T JUMP DIRECTLY INTO TRADES. BEST STRIKE PRICE TO BUY FOR OPTIONS ARE-34500 PE,34600 PE. MONTHLY EXPIRY FOR JUNE :-) HOPE IT GIVES GREAT TRADES
NSE:BANKNIFTY
by thegamertrader
Reliance Industries Breakout Trade (RELIANCE 1D)Hello Guys, Today I am Going To Share you one Breakout Idea of Reliance Industries .From the Date of 15 OCT 2020 we can see that the stock in was Range shown in the picture. Now The stock is holding in the upper side of the Range. The volumes is seen in Reliance In Past Few Trading Sessions. It is planning for giving a breakout. if Breakout happens it will be good trade for the market also. We Can expect Targets Of Reliance between 2550-2600. please trade in reliance with suitable quantity for you. and take care of your Risk Management. Don't Jump Directly In it. Keep An Eye On it Like Eagle. Stock Name :RELIANCE Current Price:2221.60 (17-JUN-2021 10:08AM) Target Price:2550-2600 Stoploss:2050 RR Ratio : 1:2
NSE:RELIANCELong
by Punit_0405