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Relianceindustries

In market there are no coincidences & insider trading is rampantReliance Chronology of Insider Trading August 07, 2019 Wednesday: On it made its low and closed around 1110, August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day August 10, 2019 Saturday: Market Remain Closed August 11, 2019 Sunday: Market Remain Closed August 12, 2019, Monday (Bakarid Holiday): RIL Annual General Meeting was held | Market Remain Closed Bakarid Holiday www.timesnownews.com Highlights of AGM can be seen at Reliance AGM 2019 Key Announcements | The Quint www.youtube.com www.financialexpress.com August 13, 2019 Tuesday: Markets open with a gap of 6% and the stock gains ~10% in a day (47Millon volume in a day) total ~70M Volume in 3 trading days making it about 8,400cr Buying volume. August 14, 2019 Wednesday : ~1.5% Down with same (13-14M vol) ~1800Cr @1294 median price of day August 15, 2019 Thursday: National Holiday August 16, 2019 Friday: ~1.5% Down with same (10M vol) ~1280Cr @1285 median price of day So who ever had the insider information gained about ~500cr in 4 trading days or a week August 17, 2019 Saturday: Market Remain Closed August 18, 2019 Sunday: Market Remain Closed == Media Hears the News === Aug 19, 2019 | Source: PTI RIL shares have gained ground since the announcement of a host of investor-friendly proposals at its annual general meeting held early last week. www.moneycontrol.com I am starting to believe that in market there are no coincidences & insider trading is rampant Well i can be wrong who am i a nobody.
NSE:RELIANCE
by jatingera
Reliance Industries - Unless closed above 1350 trends seems weakReliance industries announced that deal with Aramco is for USD 75 bn but Saudi Aramco said it is only letter of intent. Still long way to go...Some of the past events / news showing that reliance is desperate to reduce debt so trying for stake sale. GDR has given thumps up to AGM and closed 6% from previous closing price. But stock trend has broken which is confirmed by OBV. Unless stock closes above 1350 stocks trends seems to be weak....
NSE:RELIANCEShort
by vivekgujrati
reliance infrastructure - Where is the bottom?Hello everyone In long term I can see that reliance infrastructure bottom is stil not come. Consider to watch the chart, It make a descending triangle pattern. What is descending triangle pattern? Answer : Descending triangle is a bearish continuation pattern. The pattern is usually observed in a downtrend. There are few instances the pattern is seen during an uptrend acting as a reversal pattern but is considered as a bearish pattern regardless of where it occurs. The descending triangle is also known as right angle triangle because of it shape. The horizontal line acts as a zone of support. It is as if there is heavy buying interest at this level preventing the stock from falling further. It is the lower highs along the declining trend line that signals greater selling pressure and gives the pattern its bearish feature. The technical target is arrived at by computing the vertical height of the pattern and adding this height to the breakout point. It can also be computed by drawing a line parallel to the base of the triangle through the trough of the first correction.
NSE:RELINFRAShort
by CodeViser
3
Reliance -Making Bullish Breakout pattern PENNANTHello everyone, I am sharing my Idea for Reliance Industries. Reliance is about to make " Pennant" Bullish breakout pattern in a day time frame. we Just need confirmation. What is Pennant Pattern? Pennant is a short-term continuation pattern. It is created when there is significant price movement in the stock, i.e. strong volume rally on the back of positive fundamental development followed by several days of narrowing price consolidation in the stock on light volumes. Finally a fresh breakout is observed in the direction of the prevailing trend with a surge in volumes once again. The duration of the pattern is usually a few weeks. The pennant is in effect a very small triangle. The technical price target for a pennant is arrived at by computing the height of the flag pole and adding it to the eventual breakout point after consolidation.
NSE:RELIANCELong
by CodeViser
4