RELIANCE
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
RELIANCE MEDIUM TERM OUTLOOKReliance had been inside a zone since Oct 2020 and last week it finally broke past its major trendline and resistance line! With the weekly pattern now looking bullish and favourable risk:reward Reliance is my top medium term pick.
Long above 2250 with a stoploss of 2150 or your risk appetite for targets of 2700+
#ADANITRANS $ADANITRANS Watch for breakdown SELL Recommended#ADANITRANS
CMP: 1439.80
SHORT
Target 1167
NSE:ADANITRANS
Head and Shoulder Pattern
IMPULSE RETEST
Bearish Move
Break down
Peers: ALL SHORTING
NSE:ADANIENT
NSE:ADANITRANS
NSE:ATGL
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for the latest stock recommendations for free.
Super bearish on this stock!
From Rachit Sethia with 💚
#ADANIENT $ADANIENT Watch for breakdown SHORT / SELL 1170 target#ADANIENT
CMP: 1325.80
SHORT
Target 1170
NSE:ADANIENT
Head and Shoulder Pattern
Bearish Move
Break down
Peers: ALL SHORTING
NSE:ADANIENT
NSE:ADANITRANS
NSE:ATGL
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for the latest stock recommendations for free.
Super bearish on this stock!
From Rachit Sethia with 💚
#ATGL $ATGL #Adani watch for breakdown SHORT/SELL#ATGL
CMP: 1354
SHORT
Target 993
NSE:ATGL
Head and Shoulder Pattern
Bearish Move
Break down
Peers: ALL SHORTING
NSE:ADANIENT
NSE:ADANITRANS
NSE:ATGL
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for the latest stock recommendations for free.
Super bearish on this stock!
From Rachit Sethia with 💚