Relianceindustries
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
Weekly Wrap #Reliance Industries 31th May 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
Reliance : Trend is Up
Strategy :
Defensive : Buy on dip ( Check out Video for level & Money management plan )
Agressive : Break out trade ( Check out Video for level & Money management plan )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades.
Double Calendar Spread - RelianceExpecting 1800--2200 Range for Reliance.
-1x 24JUN2021 2000CE - ₹ 51.00
+1x 29JUL2021 2000CE - ₹ 71.15
-1x 24JUN2021 2100CE - ₹ 20.15
+1x 29JUL2021 2100CE - ₹ 40.00
Max. Profit - ₹ +22,808
Max. Loss ₹ -10,000
Max. RR Ratio - 1:2.28
Breakeven - 1863.0-2298.0
Estimated Margin/Premium - ₹ 1,30,000
Weekly Wrap #Reliance Industries 24th May 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
Reliance Industries : 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 trades.
Mottabhai to trend ? Weekly Wrap #Reliance 17th May 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 : 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 trades.