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Relianceindustries

Buy Reliance post 960,target 1050 Reliance has been trending well in a horizontal range since a long time and the recent correction due to the macro economic monetary policies resulted in a breakout being exhausted and a failed breakout , with NIFTY making a tripple top on hourly charts and other variables looking bullish, A chance to buy reliance again for the breakout of 960 resistance line (Target is measured by the distance between the resistance and horizontal line which forms a rectangular box ) A Tripple top will result in a strong breakout post 960.Lookout,its going to be extremely fast and violent **If you liked this idea,please hit follow for more updates.
NSE:RELIANCELong
by kayan9
Reliance Industries Ltd Triangle Pattern WeeklyHi Everyone,This is my first idea I will post more regarding indian stocks and some currency pairs, looking at reliance it looks like in corrective phase after highly impulsive move to up side and making abc correction with b in triangle pattern so we are waiting for completion of pattern by breaking this pattern to downside for our c leg and then rally up for next impulse. You can look for sells on lower time frame,wait for correction on lower time frame then sell. Good luck! www.tradingview.com
BSE:RELIANCEShort
by Honey_Sharma_
Reliance Short : Simple Trend Based setup (Hourly)This trade setup is very simple one. I didnt use any advanced patterns or numerous fib levels. We can easily notice Reliance is in bearish trend for sometime, so we are looking for opportunity to go along the trend. Recent rise in prices towards our marked resistance zone ( based on Daily ) where we have Fib levels overlapping each other. 0.382 Fib level of previous swing & 0.786 of current swing overlap each other in marked resistance zone. I will enter on Monday if Price meets my Limit orders. Hit Likes if you agree / Comment your views & Opinions Happy Weekend & Happy Trading !!
NSE:RELIANCEShort
by InsiderB
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