Relianceindustries
RELIANCE Everything is mentioned in Chart
Disclaimer
I am not a SEBI Registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Reliance Investment- BuyBuy between 1535-1605... Time 6-7 weeks. Weekly tend downward Stop loss 2175
RELIANCE to break support, steep fall in the coming days NSE:RELIANCE is about to see major fall in the coming days with price likely to fall as low as 1810 . The Moving Average 50 has just crossed over the Moving Average 20. Past performance shows this results in price falling to around 2-3%. Moreover the Moving Average 200 is closing gap with MA50 and MA20 and if crosses above them, the stock can see an even greater fall going below 1800. Furthermore past few days show huge bearish body candles showing a downtrend. Only positive news (Global or Company related) can take the price up.
Reliance Made High Of 1952 As Took Support From1830As Mentioned last chart Reliance took Support from 1830 & Made High Of 1952.if cross 1960-1965 the will be give more good move in upside
Reliance EW Wave countsWave 4 Correction is place on larger degree
WAVE 4 is showinng WXY correction with X Wave faked out around 2100 and then Y leg started.
We will get the confirmation of wave 5 impuse only when it breaks 2100 and closes above it. At that time the target is 2400 and 2550-2600 for Wave 5 Impulse leg.
On the down side, if Y leg is extended a bit, it may spend some time here in the timewise correction.
I started to think now that we may not see much price wise correction now.
We can take the delivery now and keeps on adding till 1700-1650 range for F&O, we can buy when 2100 is broke cleanly and it closes above that.
One Can go short on relianceMota Vro ko pelne ka time aarela hai.
JIsne Padhai kari Usko pata hai mai kin levels pe Short dera hu
Obviously Targets are on a positional basis
RELIANCE, Daily ChartRELIANCE , Daily Chart.
TWO Support Trendline Break-Down.
With Good Volume.
Next Support Levels are 1785 & 1605
Resistance zone is 1915 to 1970.
Disclaimer
I am not SEBI REGISTERED Analyst
My Studies are Educational purpose only
Consult with your financial advisor before trading or investing
reliance indi am neutral at this moment coz if this breakout is fake then market touch the level 2150-2170. if break this box and stay with and give a bullish momentum then i preferer buy. if not market go back 2056.this is major price action area and market break this last low as technical purpose. then i measure this down is at least 1795 and max 1777-1733 that red box. this is market and thing can be happen. so next is next see you soon. stay with me
RELIANCE INDUSTRIES, Daily ChartBreak-out Done
Can Buy with SL 1944
Targets are 2038, 2087, 2152, 2220, And 2300.
Disclaimer
I am not SEBI REGISTERED Analyst
Educational purpose only
Please consult with your financial advisor before trading or investing
RELIANCE breaking out of Symmetrical TriangleReliance (Daily) breaking-out of Symmetrical triangle with Volume.
it should hold 1970 (retest of the tringle/upper trendline) & above 1975, expecting 1st Target of 2013-2015.
if it holds 2015 then next target is 2096-2100.
Reliance Industries Look for short term sell after correctionsmall upswing then look for sell. correction is in process of completion, look for breakout of the corrective structure then find your spot to sell. sell might not be that long so watch out for where you wanna exit too.
Thanks & GL
Reliance may surprise with an Up move anytime soonReliance ( NSE:RELIANCE has been trading in a closed range for many weeks now.
It took multiple support at 200 Moving Average. And formed a base near 1880-1920.
Volume in the cash segment is quite good too.
Now it looks ready to break out of the wedge formation anytime soon and reach the near-term target of 2300+ and then creating an all-time high in weeks to come.
The stop loss of the trade should be 1850 on closing basis.
reliance industries ltd. - Triangle Continuation PatternReliance industries price is squeezing and forming a Triangle Continuation Pattern, wait for breakout!
Reliance Uptrend will soon Jan 11th trend will change
Catch the falling equity .
Range ------
Ultimate target 2350
2050 upside
1850 downside
#RELIANCEINDUSTRIES CURRENTLY RELIANCE INDUSTRIES IS IN BEARISH PHASE .
AS RSI , MACD ARE ALSO SHOWING THIS .
TREND LINE IS SHOWING THAT IT WILL GO DOWN IN THE RANGE OF 1800 ....BUT NOT BELOWN 1800
AFTER THAT IT WILL BOUNCE BACK .
CURRENTLY RELIANCE INDUSTRIES IS IN IN BEARISH PHASE .
BUY CALL BUY CALL FOR RELIANCE
HELLO, TRADER I WOULD RECOMMEND TO BUY RELIND AT CMP
AS IT'S GIVING A BULLISH TREND FOR SHORT TERM... AS MA50 IS GOING TO SHOW BULLISH TREND ALSO SOME INDICATORS NSE:RELIANCE
AO, SUPERTREND & MACD IS ALSO GIVING BULLISH TREND.
WE ASSUME A TARGET OF 20% PROFIT
THANKYOU
Reliance side ways movement expected....This is a weekly chart of reliance seeing a range bound move through weeks...
SUpp resis and trendlien plotted..........
Enjoy......
RELIANCE - BUY IN DIPSReliance is a good buy in the dips around the support region, in the last few trading sessions, we have seen huge selloffs and profit booking but the price has been making higher lows since the last couple trading sessions. It's on the road to recovery but will find it challenging to break the resistance which has formed over the last 3-4 months of trading.
We are not expecting any major news for the price to breakout quickly which happened in the last few months. There's still the saudi aramco deal to go through which may come as a suprise to anyone on the market.
