RELIANCE
RELIANCE - GO SHORT FOR A RR OF 1:4 ON 13 APRIL - CONDITIONALRELIANCE - GO SHORT @ CMP WITH A SL OF 1264.4 AND A TARGET OF 1064. THERE IS A HIGH PROBABILITY THAT THIS TARGET WILL BE ACHIEVED, HOWEVER, FOR THE TARGET TO BE ACHIEVED ON MONDAY, I.E. 13 APRIL, FOLLOWING SHOULD BE SATISFIED
1. THE OPEN SHOULD BE BELOW 1205 OR
2. IF THE OPEN IS ABOVE 1205, THE DURATION TAKEN FOR THE MOVE FROM 1205 TO THE HIGH (1224.9 OR THE DAY'S HIGH ON 13 APRIL) SHOULD BE GREATER THAN THE DURATION REQUIRED TO BREACH 1205
Reliance industries Reliance industries is in uptrend and touching the resistance level,
It can go down to touch the fibonacci golden zone to continue the trend.
RELIANCE - GO SHORT FOR A TREMENDIOUS RRRELIANCE - GO SHORT @ CMP WITH A SL OF 1222 AND A TARGET OF 1060.
SPOT:HOLD RIL Support/SL Level @ 1030, Target 1100, & 1150RIL taking Support around Level @ 1030, Can be hold for Target 1100, & 1150
RELIANCE - GO LONG FOR A RR OF 1:7RELIANCE - GO LONG @ 1064 WITH A SL OF 1044 AND A TARGET OF 1194. TARGET SHOULD BE ACHIEVED BY 9 APRIL 2020
relianceview is as shown on chart.
if support breaks can go down till as shown.
educational purpose.
go with flow
i think, in this kind of market support and resistance don't work.. it's beyond technicals.
trendline broken, next support is 1180 and 2nd 1100finest stock in india, buy on dips for long term.short if you are a trader, this is the golden period for short selling. not recommendation.
Reliance still have way more to fallWait for good entry point to get long on reliance industries good luck
RELIANCE - Possible Outlook 2020On request charting for a friend. Feels like the COVID Virus would go well will the last impulsive push down to the green buy zone, followed by impulsive move upwards and beyond.
If you are new to my feed, please like and follow if you find value in this idea. I am a budding FOREX trader in the USA, and categorize myself as a midterm and long term swing Trader.
Not financial advice. Enjoy the trade. Thanks a ton friends for your support. Loving the community here so far.
Cheers
Reliance Industries making new highsReliance Industries, like the NIFTY looks to soar higher.
In order to create a strategy for my friends who currently hold this stock in their portfolio or are looking at buying fresh, here is a quick guide for various support/ resistance levels marked with various years they have been found very useful acting as a point of support/ resistance
While my analysis runs down right from the time the stock is listed, some of thay cant be made visible given the constraint of space and presentation
Do note some lines end up being very useful as they are a constant testing zone.
Point to remember, the more the line is tested as resistance or support levels in the past, more the significance of the breakout and price action thereof and needs to be checked with near term confirmation parameters to confirm the breakout
Currently, Reliance industries is an uptrend and is continuously forming higher highs and higher lows…I will do a detailed analysis on this stock on a later chart with weekly/ monthly charts to have a more hands on look at price movement
Please share a thumbs up if you like what you see and you could also share your comments in the section below
Cheers
Nifty 50 Intraday Trade setup before the expiry 22 JanuaryIn this chart you can see that I only give Buy signal only because on the chart I didn't seen any short signal . There is 2 levels to open a long. You guys need to wait for support level which is good to build a long position in Intraday or wait to breakout the yesterday High,
RELIANCE INDUSTRIES LAST YEAR SCALP this is my bot signal that i have taken since last year and made my 10000 rs to 35000 in last one and half year
JublFood - short Swing Setup January 2020Here is my idea for a short term swing in ACC . Trade will be active on 1740-1760
RELIANCE SWING TRADING OPINIONI am a learner and not a professional Trader - I am in opinion that the RELIANCE looking Bullish - If you also agree with your own analysis, please comment.
Short Reliance below 1590, for targets 1579,1555 Govt seeking restraint on RIL stake sale to Aramco
Reversal here below 1590 should take it to 1579,1555
