Short buy Reliance. After weeks consolidation and small correction, Reliance is again ready to take a next leap. It's my long time favorite and I had recommended this stock for medium to long term, however, if someone wants to initiate short trade buy for the target of 2715.Longby AbNamjoshi0
Reliance 15 Min Chart Forming a Rising Wedge Pattern 23 Sept 21Reliance 15 Min Chart Forming a Rising Wedge Pattern 23 Sept 21. Watch out for Breakout. by bharathds842
RelianceElephant Reliance is about to move on. Breaking multiple resistance . Buy with sloss of 2410 & tgt of 2550.Longby TORTOISE_MSUpdated 0
Reliance industries 📈Reliance industries if stays above 2400-2450 by the end of this week, then it can give a decent up move till 2700-2800(swing basis) and 3000(positional basis) Longby RonakOberai0
Stock | Reliance | 4H | Bearish Shark and Crab formationPair shows formation shark and crab patterns. Pair shows the formation of a double top. Price is getting pulled away hence BB volatility Divergence can be seen. RSi shows divergence and also getting resistance at 60, which shows RSI bearish range shift. Looking for 50% to 61.8% retracement between 2200 to 2250 area. It could be a good buying opportunity for the long term around Rs.2250 mark or retest of the trend line shown.Shortby Ashwini020
Reliance October Month Target Trade plan based on Momentum. # Risk / Caution : Trendline Break out's Retest are still pending which are deep. Refer Red and Blue Trendlines on the chart which are B/O levels. ATR and Retracement Based Analysis: Monthly ATR (230) Weekly ATR (100) Daily ATR ( 40) 1. September H-L = 2480 - 2255 = 225 Means Monthly move is already achieved for September. 2. 50% retracement on Monthly being 225/2 = 112 points. from top. That being (2,480 - 112 = 2,368). 3. 61.8% retracement on Monthly being 140 points from the top. That being (2,480 - 140 = 2,340). 4. 78.6% retracement on Monthly being 177 Points from the top. That being (2,480 - 177 = 2,303) 4. Average of above three retracements being (2,368 + ,2,340 + 2,304)/3 = 2,337 5. Therefore, TGTs for October 2021 based on ATR and above average retracement levels can be 2,562 - 2,584 (2,354 + 230 points = 2,584) - Based on Average of 50% and 61.8% retracement (2,336 + 230 points = 2,564) - Based on Average of all three retracements # Either enter at around 2,337 - 2,355 or trail longs with SL at 2,337 (Closing basis) Longby CKParkhi3
4 Pillars of Technical AnalysisThese are the 4 pillars of the technical analysis 1) Support and Resistance 2) Trend Line 3) Fib Level 4) Candle Formation (Swing High, Swing Low)by satheeshvel152
4) Swing High, Swing Low (HH,HL _ LH,LL)4) Swing High, Swing Low (Analysis) 4 Types of canlde formation compare to previous candle (Up Candle, Down Candle, Inside Candle, Outside Candle) Higher High (HH) Higher Low (HL) Lower High (LH) Lower Low (LL) 1(HH,HL _ LH,LL)by satheeshvel150
Reliance Head and Shoulders Pattern on 15 min chartReliance Head and Shoulders Pattern on 15 min chartby bharathds841
RELIANCE - Must trade Volatility contraction & breakout. The set up is poised to make new highs. It satisfies the 2 Bollinger band strategy that I use to go long. The SL is mentioned. Longby Ganand19124
Reliance Breakdown This is how Reliance breakdown after the news of delay in smartphone launch. Shortby GauravChaudhary19820
MASTER BLASTER STOCK-1HELLO TRADERS!! Welcome back as promised here is the stock MASTER BLASTER 1- NSE:RELIANCE checkout the chart for trade details, only for educational purpose #StockMarket #Equity #Stocks #Chart&PatternsLongby TRADERSQUEST132
MASTER BLASTER STOCK-1HELLO TRADERS!! Welcome back, as promised here is the stock MASTER BLASTER 1- RELIANCE INDUSTRIES checkout the chart for trade details only for educational purpose #StockMarket #Equity #Stocks #Chart&Patterns by TRADERSQUEST131
RELIANCE price action analysis - bullishNSE:RELIANCE did a breakout recently and made all time high. Looking at hourly timeframe it looks like it's consolidating and forming a bullish flag pattern. Volume is also contracting while the price is consolidating. There's a gap to be filled from 2395 to 2412. It had a chance to fill it on 8th september but the price reversed from 2406. It would be interesting to see what happens next week. It might give a fake breakdown to fill the gap and then reverse strongly trapping bears. Hoping for a break from a bull flag structure with a volume influx. Happy trading! Longby PriceActionTrader12
Reliance in range Price it's going to be in a range, we will see great move in upcoming days. let's wait.Longby iblameraj0
Reliance bullish view technical chart 3-4 monthsblack trend line support as well as STOPLOSS RED line break and close at list 1% DOWN go short Longby pashupatin531
Reliance Spot Levels for education purposeHere is very small and easy study about Reliance which has formed gap and gave a good rally though we can see Lower Highs in 1 Hour chart there is a probability of gap filling.........................Shortby anandgb0
Reliance Investors View for May June JulyI am bullish on reliance for the target of 2288 and ATH in the May June and July timeline. Risk reward is really great. Longby philipakashUpdated 0
RELIANCE bullish patternsAs per weekly chart looks like stock completed the long consolidation and now ready for big move towards 2800/2900 Do your own research for investing or trading.Longby Harihar_wealthcreator112
Intraday Trading Strategy for RELIANCE 6th Sep-2021Reliance trading strategy, It has given a important breakout...Can go long or wait for the retest around in the bullish wedge top then go for long trade. Do not short the script unless until u will get the clear pattern...Will update you during the live tradeLong07:37by lingam1471
Reliance weekly structure we are bullish in reliance as we see a breakout on weekly level so now we wait if its sustain above 2400 then we go long for 2700 & 2900. as we analyses on weekly chart so that mean this trade for long term.Longby yourrsr114