reliance is about to touch new high buy and hold for 2500 reliance hold for bullish move new high will come very soon
Relianceindustries
Reliance analystPursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the information regarding loss of share certificates received from the shareholders of the Company on December 27, 2021. We are in the process of issuing duplicate share certificates to them after compliance of required formalities.
Reliance chart levelsReliance can touch 2400 resistance.we need to watch at this level.once it break this 2400 can reach to 2500 levels soon
above 2360 RIL May coming back to bullish modeabove 2360 RIL May coming back to bullish mode
RSI taken support at 40
RSI taking positive divergence
Taken Swing support & Horizontal support
AMAZON FUTURE detail canclelation may give power to traders
Reliance supply,demand zone and stuck in that zonewait for the break out & down for go long , short.
Reliance - Swing Trade (Target - 2500)#Study Material
Just an "Introduction of the Elliot wave theory". Keep this as a study material.
Reliance rangeboundedJai shree Ram!Reliance is now in range unless it breaks 2500 level we don't see up trend in REL. 2400 and above there is stong resistance and at 2300 above there is strong support. Stay tuned buy 2400 CE target 88 SL 35. Thanks for supporting and follow.
WAIT FOR A BIG NOW CHART is looking good as well as targets are also looking good. WAIT is just only for a good upside move and some market postiveness .
RIIL Blasted and booked 10%NSE:RIIL
#RIIL 790 level shared yesterday and booked 10 % Profit, details shared !!
Reiance - short termObservation:
1. Strong 3rd support at Rs.1874
2. 2nd support at Rs.2039
3. 1st support at Rs.2352
4. Formed Elliott wave 12345 pattern in DAILY timeframe, followed by correction wave (ABC)
5. After ABC, two bullish candle formed in daily with the help of volume spike (see right below).
6. Looks confirmation to go up of atleast 10% - Rs.2630+ in near term
RIIL - Long viewTrading idea for the stock
Buy: 757
Target: 804
Stop loss: 747
Profit: 4700
Loss: 1000
Risk/Reward: 1:4.7
Quantity: 100
Look for booking partial profit at 780 levels and then trail the rest.
R1 - 782.90
R2 - 824.10
R3 - 906.50
S1 - 659.30
S2 - 576.90
S3 - 535.70
Ruel Fernandes
ruelfernandes@gmail.com
9819683693
RELIANCE - Re-Test Structure - Swing Trade The analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
RELIANCE - Bearish?For learning purpose only.
RELIANCE Analysis indicate bearish mood!
After ARAMACO Deal re-evaluation, 18B deal is in trouble. So, reliance may be in bearish territory for sometime!
Till the range indicated in the chart breaks, Reliance can be in bearish mode!
Reliance industry Reliance crossed its resistance of 2570 also took support of trndline of 2008 on monthly chart , closed above EMA20 on daily chart, seeking target 2750.
RelianceCharts has strong resistance at 2555 and is forming a harmonic pattern called Bearish shark should see drop in price from
given level. Stop loss is on closing basis
NSE:BCLIND formed Triangle patternNSE:BCLIND
#BCLIND trading @ 230 levels by forming triangle pattern.
Bouncing may result good momentum upside.
Good Above 237 with SL 226
RELIANCE INDUSTRIES Heavyweight stock in nifty will still outperform market in a coming days...Reliance Expected to touch 3500 in next one year with current sl 2300...
RIL - Reliance Weekly Chart RIL - Reliance Weekly Chart
- BO retested & confirmed successfully, may proceed towards target of 2900. (Positional view)
Note: This is only for educational purpose, not a recommendation.
Reliance 15 Min Chart Forming a Rising Wedge Breakout 24 Sept 21Reliance 15 Min Chart Forming a Rising Wedge Breakout 24 Sept 21. Waiting for Retest to Enter.
Reliance 15 Min Chart Forming a Rising Wedge Pattern 23 Sept 21Reliance 15 Min Chart Forming a Rising Wedge Pattern 23 Sept 21. Watch out for Breakout.
RelianceElephant Reliance is about to move on.
Breaking multiple resistance .
Buy with sloss of 2410 & tgt of 2550.
Reliance Head and Shoulders Pattern on 15 min chartReliance Head and Shoulders Pattern on 15 min chart
