Get started
RelianceInd GDSRelianceInd GDSRelianceInd GDS

RelianceInd GDS

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

RELIN trade ideas

Traders' Inverse Relationship with Breakouts⚡Retail traders often find themselves entangled in false breakouts or breakdowns. However, it's important to recognize that taking advantage of breakout opportunities isn't inherently flawed. The key lies in being mindful of the associated risks and never trading beyond what is considered an acceptable level of risk. By doing so, traders can protect themselves from unnecessary losses and navigate the market more wisely. ⚡Another crucial aspect of successful trading is planning for potential failures. While the solution seems simple – cutting losses and exiting the trade – it's essential to define what constitutes failure beforehand. Identifying these conditions before entering a trade allows traders to establish clear criteria for when it's time to step back and avoid further losses. ⚡To increase their chances of success with breakout trades, traders can consider adopting a strategy of trading pullbacks after a breakout has occurred. Typically, stocks pull back to retest their breakout levels, presenting attractive trading opportunities. While this approach can mitigate some failures, it's important to acknowledge that no trading strategy is foolproof. There may be instances where traders miss out on certain opportunities due to a lack of pullbacks, leading to feelings of "Fear of Missing Out" (FOMO). Remember, trading involves inherent uncertainties, and no strategy guarantees a 100% success rate. ⚡Lastly, traders should keep in mind that support levels offer potential buying opportunities, while resistance levels indicate potential selling opportunities. Being attentive to these key levels can assist traders in making informed decisions and improving their overall trading performance. Regards Do hit boost 🚀 for motivation.
NSE:RELIANCEEducation
by Bravetotrade
2
Reliance - The Demerger Effect• The highly anticipated demerger of Jio Financial Services Limited is currently underway, and on 20th July 2023, Reliance shares finally went Ex-JFSL. • According to brokers' estimates, the per share price of JFSL was expected to be around 190. However, the market-derived valuation has exceeded expectations, reaching 261.85. This indicates that people have high hopes for Jio's performance in the near future, especially with its integration into other Reliance ventures. • The listing of JFSL on the exchanges will take some time, and trading will only become available after its listing. • During this interim period, the price movement of Reliance will be intriguing as it has returned to the 2 year old zone. What do you expect from Reliance now? Will it take the sideways pathway or catch momentum with the JFSL Hype? Have Insights or Questions? Let us know in the comments below.👇 While you do that, how about a boost for some motivation🚀 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NSE:RELIANCE
by TheChartereds
RelianceAfter experiencing a notable rally, Reliance Industries Ltd. (Reliance) might be due for a pullback in the near future, potentially retracing to a significant demand zone as indicated on the charts. This presents an opportunity for traders to capitalize on the downward movement by shorting Reliance shares. By taking advantage of this potential reversal, traders can aim to profit from the anticipated decline in Reliance's stock price. However, it's important to note that investing and trading involve risks, and thorough analysis and consideration of market conditions should be undertaken before making any investment decisions.
NSE:RELIANCEShort
by tgsanalytics