Reliance - cup & handle patternNeck Line : 2370
Cup bottom : 1830
Difference : 540
C&H target : 2900
Entry : 2480
SL : 2400
SL points : 80
Target 1 : 2600 (120 points)
Target 2 : 2680 (200 points)
Target 3 : 2750 (270 points)
Trail with SL till
RLI trade ideas
Reliance Industries will Fall in few Days 18/03/2021as very simple price action analysis
it is currently in the distribution phase and will fall as its current volume gets Consolidated and diluted
this Share will fall and make some retracement to the golden one of the Fibonacci Retracement
Reliance Industries Analysis 24/02/2021the 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 Breakout on day chart can show good movement to upside Reliance Breakout on day chart can show good movement o upside
Reliance Breakout on day chart can show good movement o upside
Reliance Breakout on day chart can show good movement o upside
Reliance Breakout on day chart can show good movement o upside
Reliance on Next stop to come 2600 !! Watchout Reliance looking to gain steam and poised back to 2600 levels!
Reliance Is Looking Good For SwingWhat we believe in :-
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RELIANCE AnalysisResistance Zone: 2374-2380
Upside Targets: 2402-2408,2420,2470-2474
Support Zone:2340-2346
Downside Targets:2312-2321,2276,2253
RELIANCE, showing signs of reversal after long consoldiationNotice the Price Action. Always use DOW theory as reference. Price as arrested the Lower Lows, and started making Higher Low. Price has done BO of Res TL, and will consolidate before moving in the upwards direction, Probability. LONG on Reliance with SL as per the Chart. Happy Trading
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 for 2022Reliance study, just for learning. This is based on higher lows and higher highs in a weekly chart.
RelianceReliance broke out of traingle pattern with decent volumes & currently trading above 50% & 61.8% FIB Retracement Levels.
Could b bought above 2515.55 with mentioned sloss & tgts.
RELIANCE : near TrendlineRELIANCE Trading near Important Trendline, if this it will Expected to rally and push nifty to levels 17800 in Jan month....reliance expected to touch 2550
Reliance industries limitedRIL, Once its come out the range (once its break 2400) decent upside accepted. '
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
Huge breakout at reliancethis video will help you for nifty behavior.so big breakout on Tuesday don't miss to take call of nifty 50 as we know reliance has highest market capitalization in nifty 50
sell call on reliancesell reliance with a
1st target of 2290 and
2nd target of 2230
stop loss at 2400
current price 2372
An opportunity opening up for Reliance InvestorsReliance script has been observed to form a head and shoulder pattern on the chart between the period Sept - Dec 2021. After reaching high of 2748.85, prices have been falling since then. As per current analysis, it can be speculated that the prices will continue falling till it forms a support between the price range of 2099 - 2200. If the market's downtrend, still continues the prices could even stoop down till 1914. After the script has formed a new support range, trend reversal will be observed where the share prices will reach somewhere between 2333 - 2430. The next best move for the investors would be to keep an eye on the script until the a breakout is observed along the downtrend line. Holding that long position till the analysed target it achieved would be highly advisable and the target could be achieved by March - April 2022. Happy Investing!
BUY RELIANCE AROUND 2330 AVG @2250 SL BELOW 2140 TGT 2900/3300 It has taken meaningful correction and currently trying hold 20 week MA . But as per the price action we can see some more correction, which will be a good buying range for given target with above mentioned stoploss
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 AnalysisSupport Zone: 2305-2330
Downside Target:2265-2277
Resistance Zone: 2398-2405
Avoid any short trade If it breaches and sustains above this zone
