RELIANCE - Bullish view on relianceThe stock has crested a good base at the level range of 2240 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 2751 levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
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Relianceanalysis
RELIANCE LONGReliance will try for the third time to break the above trendline.
Good R:R from this point but a little bit risky as well.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Reliance Industries Analysis 24/02/2021the price seem to be retracing from its long term rally and now it is falling up to 61.8% of the Fibonacci retracement
if the price started to rally from the place where it is now we can target 3290 directly but if it retraces to lower supports then we can target 1 TP after the retracement
Reliance Inside bar 2H FrameHi Traders,
Inside Bar Form 2H frame
Entry Yellow Table Above Or Below Breakout
Sl make candle High or Low
Its Profit Making Strategy
Levels Update On 28/6/2021 After Breakout
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
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Sakthi
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