Bullish structure which is about to break & explodeReliance (TF : 1W)
Bullish structure which is about to break & explode
- Price consolidating & strong bullish built-up visible near trendline
- Trading smoothly above 50 EMA
Once It break & sustain above 1460-75, Reliance is all set to conquer 1550 / 1700 📈
RELIN trade ideas
RELIANCE- MOTA BHAI ALWAYS MAKES MONEY FOR YOU!!!🔍 CHART ANALYSIS (Weekly Timeframe)
🟩 Trend & Price Structure:
Long-term uptrend is intact (since 2020), though it underwent a correction starting in 2022.
Price has respected a trendline support (dotted black), but recently broke below it and is now attempting a reclaim.
There’s a clear breakout from a falling wedge (pink trendline), which is a bullish reversal pattern.
📊 Key Levels:
Level Significance
₹1111 Historical support (marked as 3-year SL)
₹1300 New proposed stoploss post-breakout
₹1376 Previous resistance zone (now near breakout zone)
₹1608 Recent high (multi-month resistance)
₹2101 Fibonacci 1.618 extension target
₹2060 1.618 fib extension (confirmed by label)
📈 Fibonacci Analysis:
Fibonacci extension from previous impulse wave projects 1.618 at ~₹2060–₹2101.
If ₹1608 is crossed with volume, next rally toward ₹2060–2100 looks probable.
🔁 RSI (Momentum):
RSI (14) = 62.02 – momentum is bullish but not overbought.
No bearish divergence visible; RSI supports bullish continuation.
🔔 Volume Observation:
Last few bullish candles show healthy volume participation, especially in breakout areas.
Indicates smart money interest returning.
✅ SUMMARY OF INTERPRETATION:
✅ Breakout from falling wedge – positive signal.
✅ Reclaiming broken long-term trendline.
✅ New stoploss of ₹1300 is reasonable for medium-term.
✅ ₹1111 stoploss is ideal for long-term investor (3+ years), marking major structural low.
🚀 Potential target = ₹2100+ based on Fibonacci projection.
RELIANCE LTD – 1H TIME FRAME ANALYSIS📊 NSE:RELIANCE – 1H TIME FRAME ANALYSIS
A symmetrical triangle pattern is forming on Reliance's 1-hour chart, showing a consolidation phase. This pattern is neutral in nature, meaning a breakout can occur in either direction, but the setup provides a great opportunity for a breakout trade.
The price is now at the apex of the triangle, indicating a potential breakout in the upcoming sessions. Watch for a strong move backed by volume.
TRADE PLAN :
Chart Pattern: Symmetrical Triangle
Timeframe: 1 Hour
Stock: Reliance Industries Ltd (NSE)
🔼 Long Trade (Breakout above 1430.55)
Entry: Above 1,430.55 (candle close with volume confirmation)
Target 1: 1,458.35
Target 2: 1,479.35
Stop Loss: Below 1,417
🔽 Short Trade (Breakdown below trendline):
Entry: Below triangle breakdown with strong red candle
Target 1: 1,397.55
Target 2: 1,368.25
Stop Loss: Above 1,430
Note: Avoid entering during the triangle zone. Trade only post-confirmation of breakout/breakdown with volume.
Disclaimer: This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions.
RELIANCE: Strong Resistance at ₹1600 — Covered Call Setup📉 Chart Context:
Reliance recently rallied ~25% from lows near ₹1,150 to ₹1,450.
The rally stalled at the broken lower trendline of a long-term channel, turning resistance.
Price action now showing rejection around ₹1,435–₹1,450 zone — a historical supply area.
📊 Derivatives Insight:
July ₹1600 CE has the highest Open Interest across the chain: 3.6 lakh+ contracts.
This strike acts as a clear ceiling for market participants.
IV for ₹1600 CE is elevated at 21.8%, indicating overpricing of far OTM risk.
📈 Strategy:
Strategy Bias: Neutral / Mildly Bearish
⚠️ Note: This strategy is suitable only for investors already holding a sizeable position (≥500 shares) in Reliance. It is not a recommendation to buy the stock solely for option writing.
With 500+ shares held, this aligns perfectly for a covered call:
Sell July ₹1600 CE at ₹7.20
Generate passive income (~₹3,600/lot) while capping gains ~13% above CMP
Play on sideways or weakening structure without exiting core position
⚠️ Risk Management:
If Reliance breaches ₹1600 before expiry, gains above this are capped
Position sizing and pledge margin must be managed correctly
📌 Conclusion:
This is a textbook low-risk income strategy using technical resistance, OI data, and IV edge. Unless a fresh breakout emerges, ₹1600 stands firm.
Disclaimer: T his analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation. Options trading involves risk. Always do your own research or consult a financial advisor before making decisions.
Reliance Buy Sell Model For Swing Or IntradayI Am Sharing Reliance Share Analysis For Swing Or Intraday Trading. According To My Prespective In Weekly Or In Daily Demand And Supply Zone Market Are Middle On It. In Hourly Chart Created Demand And Supply Zone With Some Garbage Area ( Not Meaningful Area). Also Market React On M15 Supply Zone With BOS . According To Me Wait For Next Supply Or Demand Sone If Market touch H1 Or D1 Demand / Supply Zone We Trade It Because I Mark Powerful Zones that have some meaning . Or For Intadqy If Market Hit M15 Demand Zone I Wait For Proper Entry Setup And Do 1:2 RR
Buy If Touch H1 Or Daily Demand Zone
Sell If Touch H1 Or Daily Supply Zone
For Intraday Wait For Proper Setup Or Sell Out From Supply Zone Or Buy And Wait For 1:2 In M15 Demand Zone
RIL S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Reliance Industries Ltd view for Intraday 22nd May #RELIANCE Reliance Industries Ltd view for Intraday 22nd May #RELIANCE
Resistance 1450 Watching above 1452 for upside momentum.
Support area 1410 Below 1430 ignoring upside momentum for intraday
Watching below 1408 for downside movement...
Above 1430 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
RELIANCE : Completing correction, ready to bounce back🚀 Trading Opportunity: Reliance Industries Ltd. (NSE: RELIANCE) -
⏱️ Timeframe: 1 Day (1D)
💰 Current Price: ₹1,175.60
🎯 Swing Target Zone: ₹1,374 - ₹1,565 🏆
🛡️ Support Level: ₹1,182.10
🛑 Stop Loss: ₹1,159.00 (Day Close Below) 📉
🔍 Wave Analysis:
📈 The chart indicates a completed corrective wave (primary) 5 on the daily chart. This suggests a potential end to the downtrend and the start of an upward move.
🔄 We observe a corrective wave (A), followed by a potential reversal at (B), and a completed intermediate correction wave 5.
💥 The breakout at point (2) signals the start of wave (C), aiming for the swing target zone of ₹1,374-₹1,565. 🎯
💪 Current support near ₹1,182.10.
⚠️ Daily close below ₹1,159.00 invalidates the wave count and the setup. ❌
📊 Strategy:
✅ Entry: Enter near current market prices (around ₹1,175.60). 🛒
🔒 Risk Management: Set stop loss at ₹1,159.00 (daily close) to limit downside. 📉
💸 Exit: Aim for profits within the swing target zone of ₹1,374-₹1,565, aligning with the wave (C) target. 🏆
#Trading 📈 #StockMarket 💰 #RELIANCE 🏭 #TechnicalAnalysis 🧐 #Investing 💼 #ElliottWave
⚠️ Disclaimer: I am not a financial adviser; please consult one. Don't share information that can identify you. ⚠️
bull run may continue tomorrow in Reliance Industries.Reliance Industries Stocks price escaped from equilibrium zone today. It tried twice to continue bull run but price failed today and it again approaching to the zone again. But if tomorrow it opens above 1462 and stays above this level we may take bullish trade and our first target will be 1462
Entry 1440
Target 1462
Reliance Industries Ltd view for Intraday 16th May #RELIANCE Reliance Industries Ltd view for Intraday 16th May #RELIANCE
Resistance 1460 Watching above 1462 for upside momentum.
Support area 1430 Below 1440 ignoring upside momentum for intraday
Watching below 1425 for downside movement...
Above 1440 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd view for Intraday 14th May #RELIANCE Reliance Industries Ltd view for Intraday 14th May #RELIANCE
Resistance 1420 Watching above 1423 for upside movement...
Support area 1400 Below 1400 ignoring upside momentum for intraday
Watching below 1397 for downside movement...
Above 1420 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
RELIANCE KEY LEVELS FOR 13/05/2025// The core idea behind this indicator was sparked by a simple but powerful clue:
// 👉 "If you get one level, you get all levels."
// From that point onward, everything—the logic, calculation method, and application—has been developed independently through my own analysis and experience.
// I am not a seller, and no one taught me this system. This method is a result of my own effort and refinement.
///////////////////// Explanation /////////////////////
// This trading system is designed to eliminate blind trades by offering confirmation-based entry and exit points.
///////////////////// Entry/Exit Strategy /////////////////////
// - Use the BLACK line for long trades, and the RED line for short trades, in line with confirmation from your trading plan.
// - Stop Loss:
// - For long trades: below the RED line.
// - For short trades: above the BLACK line.
// - Take Profit:
// - For long trades: target the next RED line above.
// - For short trades: target the next BLACK line below.
///////////////////// Recommended Timeframe /////////////////////
// Use on a 5-minute chart for best results.
///////////////////// Disclaimer /////////////////////
// This setup is shared purely for educational purposes.
// I am not responsible for any gains or losses that may result from its use.
// Always use your own judgment and risk management.
Reliance Industries Ltd view for Intraday 12th May #RELIANCE Reliance Industries Ltd view for Intraday 12th May #RELIANCE
Resistance 1400 Watching above 1402 for upside movement...
Support area 1350 Below 1380 ignoring upside momentum for intraday
Watching below 1347 for downside movement...
Above 1360 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd view for Intraday 6th May #RELIANCE Reliance Industries Ltd view for Intraday 6th May #RELIANCE
Resistance 1435-1440 Watching above 1442 for upside movement...
Support area 1400 Below 1420 ignoring upside momentum for intraday
Watching below 1397 for downside movement...
Above 1420 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
REL INDUS : After a fantastic run ,inching closer to resistanceREL INDUS : After a fantastic run from the support of 1114 and then becoming a buy around 1280 ish range and also clearing the resistance of 1310 now inching closer to the next resistance levels.
Red bands are displayed on the chart .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)