RELIANCE trade ideas
Reliance The Name IS EnoughRIL is taking nice support around 200 days EMA and it might be time to compound the stock. If you don't have Reliance it might be a good opportunity to add. If it goes down will definitely provide an opportunity to average on bounce. Further compounding can be done after it crosses and closes above 2578.
Targets: 2662, 2757.
Long term target: 2858.
Eventually it might reach 3000+.
One stock where I would not put a trailing stop loss. but if you want to keep a trailing stop loss you can keep it at closing below 1850.
Enough has been said about the stock on various occasions.
RELIANCE 23/12/22here are the levels to trade for intraday in reliance ,price formed a head and shoulder pattern on both the 1hr and 15min time frame. can go short on the breakdown and retest of the neckline.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and i am not sebi registered and contact your financial advioser before taking any trades .I am not responsible for your profit or loss.this is only for educational purpose and learning.
RElIANCE CHART SUPPORT AND RASISTANCE Reliance CHART SUPPORT AND RASISTANCE
🎁🎁🎁🎁🤔🤔🤔😘😘
💖💖💖💖💖💖💖💖💖
LIKE if you agree / and for more such jackpot trades do follow. ❤❤❤
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I am not sebi registered , Please do your own research before investing
des 2022
Comment: It Bounced again from said level. heers!!
Reliance indsReliance inds looking good for tomorrow reliance breaked an trendline in 1 day time frame
retest pending in 1 day frame coming to the 15 min time frame breaked a 15 min trendline
and took support tomorrow price goes up and complete its retest at marked crucial level
and chance to reversal
Thank you NSE:RELIANCE
Reliance Reliance on the weekly chart has given a breakout of an ascending triangle pattern and presently prices have revisited near its trend line support.
Counter is trading above its 9 & 21 WEMA which is placed at 2600 and 2560 levels. In the lower pane of the chart, the Relative Strength Index (RSI) oscillator which measures the strength of the trend is reading above 50 levels.
The resistance for the stock is placed at 2760 levels and support for the current pattern is placed at 2538 levels.