reliance wave analysisRSI is showing clear divergence. Five wave move is up. ABC CORRECTIONS are starting, very good opportunity to short.
RIGD trade ideas
Reliance analysisAhead of results rel formed @ Bearish shark kind of pattern. below 2747 d. side target 1 could be placed 2690.on closing base if breaks than target 2 could be 2567.. target 3 &4 within range of 2500/2434 .time frame short cum medium term.chart is purely for education purpose.any unforeseen events if any price may vary.any trade decisions pl.consult financial advisor.
RELIANCE SHORTReliance forming a double top. We can see a good fall in this for some trading sessions.
As we can see that, the market is in downtrend, it will be good to go short in this stock.
Trade safe. Manage risk. Be profitable.
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RELIANCE : Facing resistance 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
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
RelianceReliance breking out of descending channel with good volumes.
Could be bought with mentioned stoploss & targets.
reliance breakoutwedge formation, wait for a breakout
crossing oct 21 high,petro sector bullish
for education purposes only
Reliance alert ⚠️ 📢 All indicater are showing side ways trend but macd is crossing trend line on upside if base line it will touch its r1 and will go up
Hence: now some days for swings and intradays
Do like my idea one like for poor guy
Will reliance on impulsive waveReliance looks like forming impulsive wave.. under that 4th wave formation in progress.. we can expect 4th wave upto 50% retracement to 2515 level.. in downside if it's crosses below 2430 than wave counts gets invalidate.. in the upper side we can expect 5th wave upto 2745 level..
Disclimer: this analysis is only for educational purposes not recommending to buy or sell.
Reliance forming inverted flagAfter double top break down Reliance is forming inverted flag. Good chance for short position,keep looking.
RELIANCE sell for intraday tradingRELIANCE sell for intraday trading if stock and NIFTY also look weak then we will enter in stock....
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Reliance can be short for short Termafter making consecutive bullish upmove without any correction or pull back, Reliance has started to correct, the pullback may end taking support of Fibonacci Retracements or can take support on 5 EMA or 20 or any other EMA.try to observe this script for better understanding of price corrections , pullbacks and to learn Dynamic support and Resistances.
Disclaimer: Everything i post is for observation and Learning only, i am not a SEBI registered Analyst, consult your Financial Advisor Before Taking Position.
A Bullish position on ascending channel on Reliance Industries.Disclaimer: This is not a trade advice. This is an analysis for educational purpose. Kindly do your own research or consult your investment advisor before taking any positions in the capital markets.
The Indian mammoth has risen from the ashes of a descending triangle pattern to an ascending channel which presents us an opportunity of a 2.8:1 Risk reward trade on the basis of candle stick pattern and the channel boundary. On a technical analysis of the chart in a daily timeframe shows a Target upside of Rs. 43 with a slim stop loss of 15 Rs. . Trade setup is invalid if the stock opens below 2650. The stock closed on Wednesday at Rs 2672 Rs NSE:RELIANCE
In reliance pole and flag pattern In reliance industries we can see pole and flag pattern if this is break we can see up side move.
Reliance short RR 1:6Reliance is short at 2690-2710 range
sl is 2760
targets 2600/2500/2400
Timespan 4 months
Disclaimer:-
This idea is for educational purpose
I am not responsible for your profit or loss
kindly consult your financial advisor.
Reliance Ind have early exit signalReliance Industry have early Exit Signal which suggests the Buy ends here and it's good to book your profit on this rather than opening a new buy position.
PURE PRICE ACTION SERIESMY short term view on ehtereum usdt. this pair is facing major resistance at the levels of 3200-3300 so it might again face a fall till 2800-2600
Reliance in a bull run | Might touch 2650 next weekNSE:RELIANCE
Chart making a very bullish pattern for this month
Fundamentals looking strong
Whole market is in a bull run
Cash coming back in Indian markets
RELIANCE - NSECo website
www.ril.com
39% Market share in telecom ( JIO ) with a possibility of only two telecom servicies to remain in India- Airtel and Jio.
Fast growing broadband presence
Oil bullish for $90 + to pump the bottomline of reliance
Front runner in bringing 5G to india, multiple investments from BIG names-- Facebook, Google, Silver Lake, Vista Equity Partners etc
Focus on renewable energy, control over mass media.
In short- An Elephant
Trivia- look JIO in a mirror and you get OIL, after all data is the new oil :)
This is reliance chart on 1DThis is reliance chart on 1D time fram this is break triangle and now still on track
