NSE:RELIANCE Reliance Inds. Stock is made a huge upward move last week with close to 64m volume, such huge volume was last a year back in June last year. This clearly shows big player entering into the stock and also rising crude prices can help RIL earn good profits. From Weekly charts you can see, NSE:RELIANCE being trading between two trendlines and its...
RELIANCE : Facing resistance After opening today with good volume Reliance is stuck in range. Reliance getting major resistance to cross 2725-2735. It needs to cross and sustain for further up move. If it breakdown from here, we may see 2680, 2650 Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational...
The stock has crested a good base at the level range of 2240 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 2751 levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your...
Reliance Stock just took support from the TRENDLINE. From here there is a high possibilities that it can go up. If we look at the option prices, February 2500CE is trading at 14.5 and 2500 is just 5% from current trading price. Now if we look at March 2500CE its trading at a price of 46. WHAT WE CAN DO ADD -2LOT February 2500CE@ 14.5 (3625) 1LOT March...
the price seem to be retracing from its long term rally and now it is falling up to 61.8% of the Fibonacci retracement if the price started to rally from the place where it is now we can target 3290 directly but if it retraces to lower supports then we can target 1 TP after the retracement
reliance hold for bullish move new high will come very soon
Trading 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
Hi Reliance Industries looks good for long for 2800. Best of Luck...!!!
At Hourly TF , CM closing price of reliance industry seems to be intresting. Perfectly At the junction of breakout on all the patterns. Looking at the volumes seems to be some selling happened before today's event. Intresting to how price moves .... For downside have market next level and upside only when channel in green gives breakout.
reliance is now debt free, that's is the reason for this rocket move, so price is already so high so wait for more confirmations, ike breakout, volume etc
if price manage to break this level with volume, price can go like rocket. but it's really tough to break this level right now, if price going to face resistance then we all are know what will happen.
Important Monthly Support Broken. Looking Beautiful to Short I will enter Short at Blue box as shown in chart. Entry and Stop Loss as shown in chart.